Gallagher Capital Advisors LLC Makes New Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Gallagher Capital Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 40,846 shares of the company’s stock, valued at approximately $5,212,000. Vanguard High Dividend Yield ETF accounts for approximately 3.8% of Gallagher Capital Advisors LLC’s investment portfolio, making the stock its 6th largest holding.

Several other large investors also recently modified their holdings of VYM. JPMorgan Chase & Co. boosted its stake in Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after buying an additional 9,363 shares in the last quarter. World Investment Advisors LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 451.3% during the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after acquiring an additional 18,778 shares during the period. Semmax Financial Advisors Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 3.2% in the 3rd quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock valued at $4,910,000 after purchasing an additional 1,171 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth about $268,000. Finally, Main Street Financial Solutions LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 4.5% in the 3rd quarter. Main Street Financial Solutions LLC now owns 14,009 shares of the company’s stock worth $1,796,000 after purchasing an additional 604 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 1.3 %

Shares of VYM stock opened at $131.23 on Monday. The company has a market capitalization of $60.22 billion, a P/E ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10. The firm has a 50-day moving average price of $131.40 and a 200 day moving average price of $129.97.

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.