Concurrent Investment Advisors LLC Raises Position in Vanguard High Dividend Yield ETF $VYM

Concurrent Investment Advisors LLC boosted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,159 shares of the company’s stock after buying an additional 11,362 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $20,684,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atwood & Palmer Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $26,000. Stone House Investment Management LLC purchased a new position in Vanguard High Dividend Yield ETF in the 1st quarter valued at about $27,000. Moisand Fitzgerald Tamayo LLC purchased a new position in Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $27,000. Financial Management Professionals Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $31,000. Finally, Strategic Investment Solutions Inc. IL lifted its stake in Vanguard High Dividend Yield ETF by 92.0% in the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $35,000 after buying an additional 126 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 2.0%

Shares of Vanguard High Dividend Yield ETF stock opened at $137.47 on Friday. The firm has a market capitalization of $64.27 billion, a PE ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $142.22. The firm’s 50-day moving average price is $139.03 and its 200 day moving average price is $132.29.

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.