Global Wealth Management Investment Advisory Inc. Has $8.48 Million Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Global Wealth Management Investment Advisory Inc. grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 76,000 shares of the company’s stock after acquiring an additional 1,423 shares during the period. Vanguard High Dividend Yield ETF comprises approximately 2.2% of Global Wealth Management Investment Advisory Inc.’s portfolio, making the stock its 10th largest position. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $8,484,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. LPL Financial LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 6.1% during the 3rd quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock valued at $532,326,000 after purchasing an additional 298,137 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Vanguard High Dividend Yield ETF by 2.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 4,059,220 shares of the company’s stock valued at $453,131,000 after acquiring an additional 115,272 shares in the last quarter. UBS Group AG raised its holdings in shares of Vanguard High Dividend Yield ETF by 4.7% in the third quarter. UBS Group AG now owns 3,248,365 shares of the company’s stock valued at $335,621,000 after purchasing an additional 145,946 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $254,023,000. Finally, Royal Bank of Canada grew its position in Vanguard High Dividend Yield ETF by 3.8% in the third quarter. Royal Bank of Canada now owns 2,270,831 shares of the company’s stock valued at $234,621,000 after purchasing an additional 82,283 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.4 %

Shares of NYSEARCA VYM traded down $0.41 during trading hours on Wednesday, hitting $116.06. The company had a trading volume of 317,508 shares, compared to its average volume of 1,104,568. The stock has a market capitalization of $52.55 billion, a P/E ratio of 15.82 and a beta of 0.73. The firm’s 50 day moving average is $117.52 and its 200-day moving average is $111.63. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $121.29.

Vanguard High Dividend Yield ETF Profile

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.