Octavia Wealth Advisors LLC Grows Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Octavia Wealth Advisors LLC lifted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 77,092 shares of the company’s stock after buying an additional 5,273 shares during the quarter. Vanguard High Dividend Yield ETF makes up 1.2% of Octavia Wealth Advisors LLC’s holdings, making the stock its 21st largest position. Octavia Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,836,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in shares of Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after purchasing an additional 9,363 shares during the period. World Investment Advisors LLC increased its holdings in Vanguard High Dividend Yield ETF by 451.3% in the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after buying an additional 18,778 shares in the last quarter. Semmax Financial Advisors Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 3.2% in the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after acquiring an additional 1,171 shares during the period. Silver Lake Advisory LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth about $251,000. Finally, Heritage Wealth Management Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $298,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $132.94 on Wednesday. Vanguard High Dividend Yield ETF has a 1-year low of $111.31 and a 1-year high of $135.07. The company has a market cap of $60.19 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock has a 50 day simple moving average of $130.45 and a 200-day simple moving average of $127.33.

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.