Sequoia Financial Advisors LLC Has $1.66 Million Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Sequoia Financial Advisors LLC decreased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 19.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,003 shares of the company’s stock after selling 3,203 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,659,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $921,398,000. JPMorgan Chase & Co. grew its position in shares of Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after buying an additional 9,363 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after acquiring an additional 121,099 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 1.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock valued at $230,233,000 after acquiring an additional 19,071 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in Vanguard High Dividend Yield ETF by 13.9% during the fourth quarter. Jones Financial Companies Lllp now owns 1,630,781 shares of the company’s stock worth $208,071,000 after acquiring an additional 198,882 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 1.5 %

VYM opened at $128.28 on Friday. The company has a fifty day moving average price of $131.42 and a two-hundred day moving average price of $130.03. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10. The company has a market cap of $58.98 billion, a P/E ratio of 18.95 and a beta of 0.83.

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.