Heritage Financial Services LLC Makes New $592,000 Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Heritage Financial Services LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 4,643 shares of the company’s stock, valued at approximately $592,000.

Several other institutional investors also recently modified their holdings of VYM. JPMorgan Chase & Co. raised its stake in Vanguard High Dividend Yield ETF by 0.4% during 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 during the last quarter. World Investment Advisors LLC increased its position in 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 last quarter. Semmax Financial Advisors Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 3.2% in the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock valued at $4,910,000 after acquiring an additional 1,171 shares during the period. Heritage Wealth Management Inc. purchased a new position in Vanguard High Dividend Yield ETF in the second quarter worth about $298,000. Finally, High Net Worth Advisory Group LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 1.9% during the 3rd quarter. High Net Worth Advisory Group LLC now owns 96,768 shares of the company’s stock valued at $12,407,000 after purchasing an additional 1,794 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.9 %

NYSEARCA VYM opened at $133.01 on Friday. The firm has a market capitalization of $60.23 billion, a P/E ratio of 15.88 and a beta of 0.70. The company has a 50-day moving average price of $130.63 and a 200-day moving average price of $127.90. Vanguard High Dividend Yield ETF has a 52 week low of $111.31 and a 52 week high of $135.07.

About Vanguard High Dividend Yield ETF

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.