Flagstar Advisors Inc. Has $4 Million Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Flagstar Advisors Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 22.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,038 shares of the company’s stock after purchasing an additional 6,006 shares during the period. Vanguard High Dividend Yield ETF comprises 1.1% of Flagstar Advisors Inc.’s holdings, making the stock its 23rd largest holding. Flagstar Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $3,997,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Mechanics Bank Trust Department grew its position in shares of Vanguard High Dividend Yield ETF by 0.4% during the 1st quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock worth $2,987,000 after purchasing an additional 88 shares in the last quarter. ADE LLC grew its position in shares of Vanguard High Dividend Yield ETF by 1.7% during the 4th quarter. ADE LLC now owns 5,347 shares of the company’s stock worth $597,000 after purchasing an additional 90 shares in the last quarter. SOA Wealth Advisors LLC. grew its position in shares of Vanguard High Dividend Yield ETF by 2.1% during the 4th quarter. SOA Wealth Advisors LLC. now owns 4,594 shares of the company’s stock worth $513,000 after purchasing an additional 94 shares in the last quarter. Mather Group LLC. grew its position in shares of Vanguard High Dividend Yield ETF by 0.8% during the 1st quarter. Mather Group LLC. now owns 12,406 shares of the company’s stock worth $1,385,000 after purchasing an additional 95 shares in the last quarter. Finally, Red Door Wealth Management LLC grew its position in shares of Vanguard High Dividend Yield ETF by 0.9% during the 4th quarter. Red Door Wealth Management LLC now owns 11,299 shares of the company’s stock worth $1,261,000 after purchasing an additional 97 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock traded down $0.48 on Wednesday, reaching $118.31. 704,180 shares of the stock were exchanged, compared to its average volume of 996,295. The firm’s 50 day moving average is $118.70 and its 200-day moving average is $115.94. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $121.64. The firm has a market cap of $53.57 billion, a PE 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.