Sequoia Financial Advisors LLC Grows Position in Vanguard High Dividend Yield ETF $VYM

Sequoia Financial Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 15.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,448 shares of the company’s stock after purchasing an additional 7,819 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,389,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Dorato Capital Management purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $30,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Vanguard High Dividend Yield ETF during the third quarter valued at about $31,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter worth about $39,000. Hemington Wealth Management purchased a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter worth about $42,000. Finally, Chilton Capital Management LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 72.3% in the third quarter. Chilton Capital Management LLC now owns 305 shares of the company’s stock worth $43,000 after buying an additional 128 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 1.1%

Shares of Vanguard High Dividend Yield ETF stock opened at $155.16 on Friday. Vanguard High Dividend Yield ETF has a 12-month low of $125.36 and a 12-month high of $157.48. The company has a market cap of $76.10 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The company’s 50-day moving average price is $151.56 and its 200-day moving average price is $148.00.

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.