Christensen King & Associates Investment Services Inc. Grows Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Christensen King & Associates Investment Services Inc. increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.7% during the 4th quarter, Holdings Channel reports. The firm owned 5,628 shares of the company’s stock after purchasing an additional 404 shares during the quarter. Christensen King & Associates Investment Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $726,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in shares of Vanguard High Dividend Yield ETF by 0.4% during the 3rd 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 increased its holdings in Vanguard High Dividend Yield ETF by 451.3% during the 3rd quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after purchasing an additional 18,778 shares during the period. Semmax Financial Advisors Inc. increased its position 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 purchasing an additional 1,171 shares during the period. Financial Perspectives Inc lifted its holdings in Vanguard High Dividend Yield ETF by 0.5% in the second quarter. Financial Perspectives Inc now owns 134,440 shares of the company’s stock worth $15,945,000 after buying an additional 705 shares during the period. Finally, Greenline Partners LLC raised its holdings in Vanguard High Dividend Yield ETF by 14.1% in the second quarter. Greenline Partners LLC now owns 2,086 shares of the company’s stock worth $247,000 after purchasing an additional 258 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $127.20 on Tuesday. The firm’s 50-day simple moving average is $130.57 and its two-hundred day simple moving average is $126.92. Vanguard High Dividend Yield ETF has a fifty-two week low of $109.47 and a fifty-two week high of $135.07. The stock has a market cap of $57.59 billion, a PE ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company 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.