Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Position Boosted by Baltimore Washington Financial Advisors Inc.

Baltimore Washington Financial Advisors Inc. increased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 321,897 shares of the company’s stock after purchasing an additional 19,778 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 2.1% of Baltimore Washington Financial Advisors Inc.’s holdings, making the stock its 14th biggest position. Baltimore Washington Financial Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $41,071,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position in shares of Vanguard High Dividend Yield ETF by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after purchasing an additional 9,363 shares during the period. Commonwealth Equity Services LLC increased its stake in Vanguard High Dividend Yield ETF by 1.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after purchasing an additional 36,239 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Vanguard High Dividend Yield ETF by 6.8% during the third quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after acquiring an additional 121,099 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock valued at $230,233,000 after acquiring an additional 19,071 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 101.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after purchasing an additional 552,003 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.3 %

Shares of VYM stock opened at $131.91 on Tuesday. The stock’s fifty day simple moving average is $130.62 and its 200-day simple moving average is $128.07. The company has a market capitalization of $59.73 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1-year low of $111.31 and a 1-year high of $135.07.

Vanguard High Dividend Yield ETF Company 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.