Semmax Financial Advisors Inc. Buys 1,171 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Semmax Financial Advisors Inc. raised its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 37,266 shares of the company’s stock after buying an additional 1,171 shares during the quarter. Vanguard High Dividend Yield ETF comprises about 1.3% of Semmax Financial Advisors Inc.’s portfolio, making the stock its 22nd largest holding. Semmax Financial Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $4,910,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 4.6% during the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after acquiring an additional 228,580 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 1.2% in the second quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock valued at $593,076,000 after buying an additional 59,826 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of Vanguard High Dividend Yield ETF by 7.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after purchasing an additional 153,146 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Vanguard High Dividend Yield ETF by 1.7% during the third quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after buying an additional 36,239 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in Vanguard High Dividend Yield ETF by 6.8% in the third quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after acquiring an additional 121,099 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.3 %

Shares of VYM stock opened at $134.74 on Friday. The business has a fifty day simple moving average of $130.17 and a 200 day simple moving average of $124.68. Vanguard High Dividend Yield ETF has a twelve month low of $105.92 and a twelve month high of $135.07. The company has a market cap of $61.01 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.