Sequoia Financial Advisors LLC Acquires 25,770 Shares of Vanguard High Dividend Yield ETF $VYM

Sequoia Financial Advisors LLC grew its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 103.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,629 shares of the company’s stock after purchasing an additional 25,770 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $7,136,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. D.A. Davidson & CO. raised its holdings in shares of Vanguard High Dividend Yield ETF by 9.7% in the third quarter. D.A. Davidson & CO. now owns 761,156 shares of the company’s stock valued at $107,285,000 after acquiring an additional 67,412 shares in the last quarter. Alpha Cubed Investments LLC increased its position in Vanguard High Dividend Yield ETF by 2.0% during the 2nd quarter. Alpha Cubed Investments LLC now owns 23,246 shares of the company’s stock valued at $3,099,000 after purchasing an additional 448 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in Vanguard High Dividend Yield ETF by 55.5% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,938 shares of the company’s stock valued at $1,542,000 after purchasing an additional 3,903 shares during the period. Etesian Wealth Advisors Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 103.8% in the 3rd quarter. Etesian Wealth Advisors Inc. now owns 12,225 shares of the company’s stock valued at $1,723,000 after purchasing an additional 6,225 shares in the last quarter. Finally, Croban lifted its position in shares of Vanguard High Dividend Yield ETF by 51.3% in the 3rd quarter. Croban now owns 25,142 shares of the company’s stock worth $3,544,000 after purchasing an additional 8,521 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $148.87 on Tuesday. The company has a market cap of $71.55 billion, a PE ratio of 17.79 and a beta of 0.79. The firm’s 50 day moving average price is $144.47 and its 200-day moving average price is $140.60. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $149.18.

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.