Lbmc Investment Advisors LLC Grows Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Lbmc Investment Advisors LLC increased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 10.9% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 131,262 shares of the company’s stock after buying an additional 12,932 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 1.3% of Lbmc Investment Advisors LLC’s portfolio, making the stock its 12th largest holding. Lbmc Investment Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $16,828,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Chris Bulman Inc purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $26,000. Central Pacific Bank Trust Division purchased a new stake in Vanguard High Dividend Yield ETF in the first quarter valued at approximately $27,000. Cultivar Capital Inc. bought a new stake in Vanguard High Dividend Yield ETF during the second quarter valued at approximately $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $44,000. Finally, Clean Yield Group bought a new position in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth $44,000.

Vanguard High Dividend Yield ETF Trading Down 0.2 %

Shares of Vanguard High Dividend Yield ETF stock traded down $0.31 on Tuesday, hitting $127.54. 251,294 shares of the company traded hands, compared to its average volume of 918,329. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $128.77. The firm’s 50-day simple moving average is $124.75 and its 200 day simple moving average is $121.18. The company has a market cap of $57.75 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.