Fortitude Advisory Group L.L.C. Has $496,000 Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Fortitude Advisory Group L.L.C. raised its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 50.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,885 shares of the company’s stock after purchasing an additional 1,296 shares during the quarter. Fortitude Advisory Group L.L.C.’s holdings in Vanguard High Dividend Yield ETF were worth $496,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Warner Financial Inc. boosted its stake in Vanguard High Dividend Yield ETF by 0.7% during the fourth quarter. Warner Financial Inc. now owns 22,796 shares of the company’s stock worth $2,909,000 after acquiring an additional 164 shares in the last quarter. Cascade Investment Advisors Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $410,000. Bay Rivers Group boosted its position in shares of Vanguard High Dividend Yield ETF by 3.3% during the 4th quarter. Bay Rivers Group now owns 4,661 shares of the company’s stock worth $595,000 after purchasing an additional 150 shares in the last quarter. Northwest Financial Advisors grew its stake in shares of Vanguard High Dividend Yield ETF by 61.3% in the 4th quarter. Northwest Financial Advisors now owns 1,974 shares of the company’s stock valued at $252,000 after buying an additional 750 shares during the period. Finally, Nilsine Partners LLC increased its position in Vanguard High Dividend Yield ETF by 33.6% in the 4th quarter. Nilsine Partners LLC now owns 7,105 shares of the company’s stock valued at $907,000 after buying an additional 1,786 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $132.72 on Tuesday. Vanguard High Dividend Yield ETF has a 52-week low of $111.31 and a 52-week high of $135.07. The business’s 50 day simple moving average is $130.56 and its two-hundred day simple moving average is $127.72. The firm has a market cap of $60.09 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.