Minot DeBlois Advisors LLC Takes Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Minot DeBlois Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 386 shares of the company’s stock, valued at approximately $49,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VYM. Raymond James Financial Inc. purchased a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $921,398,000. JPMorgan Chase & Co. grew its position in Vanguard High Dividend Yield ETF by 152.1% during the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock valued at $696,339,000 after purchasing an additional 3,292,948 shares in the last quarter. Bank of America Corp DE grew its position in Vanguard High Dividend Yield ETF by 21.3% during the fourth quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock valued at $1,753,157,000 after purchasing an additional 2,409,649 shares in the last quarter. Wellspring Financial Advisors LLC grew its position in Vanguard High Dividend Yield ETF by 29.3% during the fourth quarter. Wellspring Financial Advisors LLC now owns 2,968,984 shares of the company’s stock valued at $378,813,000 after purchasing an additional 672,757 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $77,577,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $128.36 on Wednesday. The company’s 50 day moving average price is $124.86 and its 200 day moving average price is $129.00. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $135.10. The company has a market capitalization of $58.65 billion, a PE ratio of 18.71 and a beta of 0.79.

About Vanguard High Dividend Yield ETF

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.