Farther Finance Advisors LLC Purchases 5,914 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Farther Finance Advisors LLC increased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 33.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,833 shares of the company’s stock after purchasing an additional 5,914 shares during the period. Farther Finance Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,067,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Valley Wealth Managers Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 314.8% during the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after purchasing an additional 192 shares during the period. Runnymede Capital Advisors Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $34,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $39,000. Pillar Financial Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $41,000. Finally, Heck Capital Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $45,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $131.14 on Wednesday. The business’s fifty day moving average price is $125.03 and its two-hundred day moving average price is $128.79. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $135.10. The stock has a market capitalization of $59.85 billion, a price-to-earnings ratio of 18.75 and a beta of 0.79.

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.