Harbour Investments Inc. Buys 2,093 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Harbour Investments Inc. increased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 55,008 shares of the company’s stock after purchasing an additional 2,093 shares during the quarter. Harbour Investments Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $7,018,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $921,398,000. SBI Securities Co. Ltd. bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $77,577,000. Bell Bank grew its position in shares of Vanguard High Dividend Yield ETF by 169.0% during the 4th quarter. Bell Bank now owns 696,473 shares of the company’s stock worth $88,863,000 after purchasing an additional 437,527 shares in the last quarter. Wealthfront Advisers LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 17,578.5% during the 4th quarter. Wealthfront Advisers LLC now owns 413,500 shares of the company’s stock worth $52,758,000 after acquiring an additional 411,161 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its stake in Vanguard High Dividend Yield ETF by 13,081.4% in the 4th quarter. Strategic Financial Concepts LLC now owns 389,247 shares of the company’s stock valued at $49,664,000 after purchasing an additional 386,294 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $128.28 on Friday. The company has a fifty day moving average price of $131.42 and a 200-day moving average price of $130.03. The company has a market capitalization of $58.98 billion, a P/E ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10.

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.