Pointe Capital Management LLC Has $12.18 Million Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Pointe Capital Management LLC increased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,461 shares of the company’s stock after acquiring an additional 1,555 shares during the quarter. Vanguard High Dividend Yield ETF comprises about 7.0% of Pointe Capital Management LLC’s investment portfolio, making the stock its 2nd largest position. Pointe Capital Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $12,180,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. BSW Wealth Partners lifted its position in Vanguard High Dividend Yield ETF by 1.9% during the 4th quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock valued at $522,000 after purchasing an additional 76 shares during the period. BLB&B Advisors LLC grew its position in shares of Vanguard High Dividend Yield ETF by 5.0% during the 4th quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock worth $210,000 after buying an additional 79 shares during the period. Constant Guidance Financial LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 0.7% during the fourth quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock worth $1,542,000 after buying an additional 81 shares during the last quarter. Weitzel Financial Services Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 2.6% in the third quarter. Weitzel Financial Services Inc. now owns 3,374 shares of the company’s stock valued at $431,000 after buying an additional 84 shares during the period. Finally, Verus Capital Partners LLC boosted its stake in Vanguard High Dividend Yield ETF by 0.6% in the third quarter. Verus Capital Partners LLC now owns 14,164 shares of the company’s stock valued at $1,816,000 after acquiring an additional 85 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $133.19 on Wednesday. The firm has a fifty day moving average of $130.83 and a two-hundred day moving average of $129.48. The stock has a market capitalization of $61.12 billion, a price-to-earnings ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a 52 week low of $114.37 and a 52 week high of $135.10.

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.