FSA Investment Group LLC Makes New $316,000 Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

FSA Investment Group LLC bought a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, Holdings Channel.com reports. The fund bought 2,466 shares of the company’s stock, valued at approximately $316,000. Vanguard High Dividend Yield ETF accounts for 0.3% of FSA Investment Group LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VYM. JPMorgan Chase & Co. lifted its position in shares of Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after acquiring an additional 9,363 shares in the last quarter. World Investment Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF by 451.3% during the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after purchasing an additional 18,778 shares during the last quarter. Semmax Financial Advisors Inc. lifted its stake in shares of Vanguard High Dividend Yield ETF by 3.2% in the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after buying an additional 1,171 shares during the last quarter. Heritage Wealth Management Inc. bought a new stake in Vanguard High Dividend Yield ETF during the second quarter valued at about $298,000. Finally, High Net Worth Advisory Group LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 1.9% in the third quarter. High Net Worth Advisory Group LLC now owns 96,768 shares of the company’s stock valued at $12,407,000 after acquiring an additional 1,794 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.9 %

VYM stock opened at $133.01 on Friday. Vanguard High Dividend Yield ETF has a twelve month low of $111.31 and a twelve month high of $135.07. The company has a market cap of $60.23 billion, a PE ratio of 15.88 and a beta of 0.70. The business’s 50-day simple moving average is $130.63 and its 200 day simple moving average is $127.90.

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.