F M Investments LLC Invests $1.22 Million in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

F M Investments LLC purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 10,324 shares of the company’s stock, valued at approximately $1,224,000.

Several other institutional investors have also recently added to or reduced their stakes in VYM. International Assets Investment Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $2,276,000. Silver Oak Securities Incorporated lifted its position in Vanguard High Dividend Yield ETF by 336.8% in the fourth quarter. Silver Oak Securities Incorporated now owns 2,385 shares of the company’s stock valued at $266,000 after purchasing an additional 1,839 shares during the period. Vantage Financial Partners LLC boosted its holdings in Vanguard High Dividend Yield ETF by 63.9% in the 4th quarter. Vantage Financial Partners LLC now owns 9,324 shares of the company’s stock valued at $1,041,000 after purchasing an additional 3,636 shares in the last quarter. MONECO Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 55.7% during the 4th quarter. MONECO Advisors LLC now owns 4,346 shares of the company’s stock worth $485,000 after purchasing an additional 1,555 shares during the period. Finally, Savant Capital LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 3.1% during the 4th quarter. Savant Capital LLC now owns 18,620 shares of the company’s stock worth $2,079,000 after buying an additional 557 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $127.36 on Friday. The business has a 50 day simple moving average of $121.61 and a 200-day simple moving average of $119.17. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $127.50. The stock has a market capitalization of $57.67 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.