SpiderRock Advisors LLC Takes Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

SpiderRock Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,739 shares of the company’s stock, valued at approximately $204,000.

A number of other hedge funds also recently made changes to their positions in the business. DiNuzzo Private Wealth Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $25,000. Sachetta LLC bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $26,000. JNBA Financial Advisors bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $33,000. First United Bank & Trust bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $33,000. Finally, Halpern Financial Inc. bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $34,000.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock traded down $0.45 during mid-day trading on Friday, reaching $118.42. 547,389 shares of the company were exchanged, compared to its average volume of 983,180. The company has a fifty day simple moving average of $118.98 and a 200-day simple moving average of $116.26. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.64. The firm has a market cap of $53.62 billion, a PE 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.