Pitcairn Co. Takes $261,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Pitcairn Co. bought a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,160 shares of the company’s stock, valued at approximately $261,000.

Other institutional investors have also recently made changes to their positions in the company. DiNuzzo Private Wealth Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth $25,000. Sachetta LLC acquired a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $26,000. Central Pacific Bank Trust Division acquired a new position in Vanguard High Dividend Yield ETF in the first quarter valued at about $27,000. JNBA Financial Advisors acquired a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $33,000. Finally, First United Bank & Trust acquired a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $33,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $122.71 on Friday. The firm’s 50-day moving average is $119.89 and its two-hundred day moving average is $117.33. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $125.04. The stock has a market capitalization of $55.56 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.