Adero Partners LLC Buys 2,007 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Adero Partners LLC grew its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 118.1% in the first quarter, HoldingsChannel.com reports. The firm owned 3,707 shares of the company’s stock after purchasing an additional 2,007 shares during the period. Adero Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $478,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BNP Paribas Financial Markets lifted its stake in Vanguard High Dividend Yield ETF by 214,700.0% in the fourth quarter. BNP Paribas Financial Markets now owns 2,148 shares of the company’s stock valued at $274,000 after purchasing an additional 2,147 shares during the last quarter. First Trust Advisors LP bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at $1,225,000. GAMMA Investing LLC raised its holdings in Vanguard High Dividend Yield ETF by 12,965.2% during the 1st quarter. GAMMA Investing LLC now owns 59,708 shares of the company’s stock valued at $7,700,000 after acquiring an additional 59,251 shares during the period. ARQ Wealth Advisors LLC raised its holdings in Vanguard High Dividend Yield ETF by 9.8% during the 4th quarter. ARQ Wealth Advisors LLC now owns 17,226 shares of the company’s stock valued at $2,198,000 after acquiring an additional 1,539 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at $2,588,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $130.54 on Monday. The company’s fifty day simple moving average is $125.94 and its two-hundred day simple moving average is $128.69. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $135.10. The stock has a market capitalization of $59.58 billion, a price-to-earnings ratio of 18.75 and a beta of 0.79.

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.