Glen Eagle Advisors LLC Has $5.86 Million Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Glen Eagle Advisors LLC lowered its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,889 shares of the company’s stock after selling 4,896 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 1.0% of Glen Eagle Advisors LLC’s holdings, making the stock its 24th biggest holding. Glen Eagle Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,855,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its position in Vanguard High Dividend Yield ETF by 21.3% in the 4th quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock valued at $1,753,157,000 after acquiring an additional 2,409,649 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $921,398,000. LPL Financial LLC grew its position in shares of Vanguard High Dividend Yield ETF by 4.5% during the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock worth $720,020,000 after buying an additional 243,681 shares during the period. JPMorgan Chase & Co. grew its position in shares of Vanguard High Dividend Yield ETF by 152.1% during the 4th quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock worth $696,339,000 after buying an additional 3,292,948 shares during the period. Finally, Wells Fargo & Company MN grew its position in shares of Vanguard High Dividend Yield ETF by 9.9% during the 4th quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock worth $639,651,000 after buying an additional 452,063 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $130.10 on Wednesday. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $135.10. The company has a 50 day moving average of $124.95 and a 200-day moving average of $129.03. The stock has a market cap of $59.44 billion, a price-to-earnings 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.