IFP Advisors Inc Purchases 17,323 Shares of Vanguard High Dividend Yield ETF $VYM

IFP Advisors Inc lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 165,737 shares of the company’s stock after purchasing an additional 17,323 shares during the quarter. Vanguard High Dividend Yield ETF accounts for about 0.6% of IFP Advisors Inc’s holdings, making the stock its 23rd largest holding. IFP Advisors Inc’s holdings in Vanguard High Dividend Yield ETF were worth $23,363,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of VYM. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at about $31,000. Grey Fox Wealth Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF in the third quarter worth approximately $39,000. Clayton Financial Group LLC bought a new position in Vanguard High Dividend Yield ETF during the third quarter valued at approximately $41,000. Hemington Wealth Management bought a new position in Vanguard High Dividend Yield ETF during the third quarter valued at approximately $42,000. Finally, Chilton Capital Management LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 72.3% during the third quarter. Chilton Capital Management LLC now owns 305 shares of the company’s stock worth $43,000 after acquiring an additional 128 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $147.51 on Thursday. The company has a market capitalization of $70.89 billion, a PE ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $157.29. The company’s 50 day moving average price is $151.44 and its two-hundred day moving average price is $145.29.

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.