MAI Capital Management Increases Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

MAI Capital Management lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 30,968 shares of the company’s stock after purchasing an additional 1,091 shares during the period. MAI Capital Management’s holdings in Vanguard High Dividend Yield ETF were worth $3,970,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers lifted its holdings in Vanguard High Dividend Yield ETF by 579.6% during the 1st quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock worth $192,241,000 after buying an additional 1,355,103 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after acquiring an additional 552,003 shares in the last quarter. Accredited Investors Inc. lifted its stake in Vanguard High Dividend Yield ETF by 18,516.9% during the third quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock worth $51,242,000 after purchasing an additional 397,558 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in Vanguard High Dividend Yield ETF by 6,282.8% in the second quarter. Strategic Financial Concepts LLC now owns 365,925 shares of the company’s stock valued at $43,399,000 after purchasing an additional 360,192 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $27,104,000.

Vanguard High Dividend Yield ETF Trading Down 0.4 %

VYM stock opened at $130.78 on Wednesday. The company’s 50 day moving average is $129.00 and its two-hundred day moving average is $123.90. Vanguard High Dividend Yield ETF has a twelve month low of $104.87 and a twelve month high of $133.45. The stock has a market cap of $59.22 billion, a P/E 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.