IFG Advisory LLC Has $20.69 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

IFG Advisory LLC boosted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 185,316 shares of the company’s stock after buying an additional 2,566 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 1.5% of IFG Advisory LLC’s investment portfolio, making the stock its 11th biggest position. IFG Advisory LLC’s holdings in Vanguard High Dividend Yield ETF were worth $20,687,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Providence Capital Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $25,000. Sunbelt Securities Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $32,000. BluePath Capital Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $39,000. Fortitude Family Office LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $45,000. Finally, Valley Wealth Managers Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $47,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $120.54 on Thursday. The stock’s fifty day moving average price is $114.88 and its two-hundred day moving average price is $109.21. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $120.57. The firm has a market cap of $55.38 billion, a price-to-earnings ratio of 13.80 and a beta of 0.84.

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.