Patriot Investment Management Group Inc. Purchases 1,879 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Patriot Investment Management Group Inc. increased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 121,900 shares of the company’s stock after buying an additional 1,879 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 1.1% of Patriot Investment Management Group Inc.’s portfolio, making the stock its 16th largest position. Patriot Investment Management Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $14,457,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Pathstone Holdings LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at $164,899,000. Cetera Investment Advisers raised its position in Vanguard High Dividend Yield ETF by 579.6% in the 1st quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock worth $192,241,000 after purchasing an additional 1,355,103 shares during the period. Sanibel Captiva Trust Company Inc. bought a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth about $97,395,000. Mesirow Financial Investment Management Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $66,489,000. Finally, Stifel Financial Corp grew its stake in shares of Vanguard High Dividend Yield ETF by 27.4% during the fourth quarter. Stifel Financial Corp now owns 1,679,356 shares of the company’s stock valued at $187,468,000 after buying an additional 360,761 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM traded down $0.41 during trading on Monday, reaching $119.94. 651,953 shares of the company’s stock traded hands, compared to its average volume of 969,233. The company’s 50 day simple moving average is $120.24 and its two-hundred day simple moving average is $118.17. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $125.07. The firm has a market cap of $54.31 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company Profile

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.