Merit Financial Group LLC Increases Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Merit Financial Group LLC boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,359 shares of the company’s stock after purchasing an additional 7,520 shares during the period. Merit Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $17,143,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after buying an additional 9,363 shares in the last quarter. World Investment Advisors LLC grew its stake in Vanguard High Dividend Yield ETF by 451.3% in the 3rd quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after acquiring an additional 18,778 shares during the last quarter. Semmax Financial Advisors Inc. increased its holdings in Vanguard High Dividend Yield ETF by 3.2% during the 3rd quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock valued at $4,910,000 after acquiring an additional 1,171 shares in the last quarter. Greenline Partners LLC raised its position in Vanguard High Dividend Yield ETF by 14.1% during the second quarter. Greenline Partners LLC now owns 2,086 shares of the company’s stock worth $247,000 after acquiring an additional 258 shares during the last quarter. Finally, Silver Lake Advisory LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at about $251,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $131.69 on Friday. The business has a 50 day moving average price of $130.49 and a 200 day moving average price of $127.03. The company has a market capitalization of $59.63 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1 year low of $109.47 and a 1 year high of $135.07.

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.