Financial Advantage Inc. Acquires New Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Financial Advantage Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the third quarter, HoldingsChannel.com reports. The firm acquired 420 shares of the company’s stock, valued at approximately $37,000.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE increased its position in Vanguard High Dividend Yield ETF by 0.7% in the second quarter. Bank of America Corp DE now owns 7,605,089 shares of the company’s stock worth $664,532,000 after buying an additional 51,375 shares in the last quarter. Morgan Stanley boosted its stake in Vanguard High Dividend Yield ETF by 4.2% during the second quarter. Morgan Stanley now owns 5,024,328 shares of the company’s stock valued at $439,026,000 after buying an additional 203,551 shares during the last quarter. United Services Automobile Association boosted its stake in Vanguard High Dividend Yield ETF by 1,409.8% during the second quarter. United Services Automobile Association now owns 2,998,020 shares of the company’s stock valued at $261,737,000 after buying an additional 2,799,444 shares during the last quarter. LPL Financial LLC boosted its stake in Vanguard High Dividend Yield ETF by 9.7% during the second quarter. LPL Financial LLC now owns 2,884,600 shares of the company’s stock valued at $252,056,000 after buying an additional 255,244 shares during the last quarter. Finally, UBS Group AG boosted its stake in Vanguard High Dividend Yield ETF by 6.2% during the second quarter. UBS Group AG now owns 2,702,560 shares of the company’s stock valued at $236,150,000 after buying an additional 158,093 shares during the last quarter.

Vanguard High Dividend Yield ETF stock traded down $0.17 during midday trading on Thursday, reaching $89.04. 212,362 shares of the stock traded hands, compared to its average volume of 1,043,112. The stock’s fifty day moving average is $88.25 and its 200-day moving average is $87.10. Vanguard High Dividend Yield ETF has a 12 month low of $73.18 and a 12 month high of $90.11.

The company also recently declared a — dividend, which was paid on Friday, September 27th. Investors of record on Wednesday, September 25th were paid a dividend of $0.7864 per share. This represents a yield of 3%. The ex-dividend date was Tuesday, September 24th.

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Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYM).

Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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