Valmark Advisers Inc. Has $35.07 Million Holdings in Vanguard High Dividend Yield ETF $VYM

Valmark Advisers Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 18.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 244,332 shares of the company’s stock after buying an additional 38,726 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $35,067,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of VYM. Vantagepoint Investment Advisers LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the third quarter worth approximately $316,679,000. Rakuten Investment Management Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $199,321,000. Cornerstone Planning Group LLC increased its position in shares of Vanguard High Dividend Yield ETF by 57,021.7% during the third quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock valued at $74,233,000 after purchasing an additional 525,740 shares during the period. Wellington Management Group LLP increased its position in shares of Vanguard High Dividend Yield ETF by 493.0% during the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock valued at $84,110,000 after purchasing an additional 496,110 shares during the period. Finally, AQR Capital Management LLC increased its position in shares of Vanguard High Dividend Yield ETF by 846.2% during the third quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock valued at $56,602,000 after purchasing an additional 359,136 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.0%

VYM opened at $153.12 on Wednesday. The stock has a market cap of $75.10 billion, a PE ratio of 17.79 and a beta of 0.74. Vanguard High Dividend Yield ETF has a 1 year low of $117.40 and a 1 year high of $157.29. The stock’s 50 day simple moving average is $151.52 and its 200-day simple moving average is $146.46.

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.