Mercer Global Advisors Inc. ADV Raises Position in Vanguard High Dividend Yield ETF $VYM

Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,646,199 shares of the company’s stock after buying an additional 157,950 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 0.6% of Mercer Global Advisors Inc. ADV’s investment portfolio, making the stock its 27th biggest position. Mercer Global Advisors Inc. ADV’s holdings in Vanguard High Dividend Yield ETF were worth $372,979,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Gallagher Fiduciary Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 12,273.0% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock valued at $1,064,039,000 after acquiring an additional 7,917,178 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 2.4% during the second quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock worth $998,634,000 after purchasing an additional 178,904 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 1.6% during the third quarter. Ameriprise Financial Inc. now owns 4,019,262 shares of the company’s stock worth $566,458,000 after purchasing an additional 64,127 shares in the last quarter. Wellspring Financial Advisors LLC increased its position in shares of Vanguard High Dividend Yield ETF by 0.6% in the second quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock worth $371,656,000 after purchasing an additional 15,677 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of Vanguard High Dividend Yield ETF by 13.3% in the second quarter. The Manufacturers Life Insurance Company now owns 2,683,539 shares of the company’s stock worth $357,743,000 after purchasing an additional 314,494 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $149.38 on Tuesday. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $157.29. The company has a market capitalization of $71.79 billion, a P/E ratio of 17.79 and a beta of 0.79. The firm’s 50 day simple moving average is $151.33 and its 200 day simple moving average is $145.20.

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.