Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Acquired by LPL Financial LLC

LPL Financial LLC grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,643,230 shares of the company’s stock after buying an additional 243,681 shares during the quarter. LPL Financial LLC owned 1.25% of Vanguard High Dividend Yield ETF worth $720,020,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VYM. FSA Wealth Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $26,000. Valley Wealth Managers Inc. raised its holdings in Vanguard High Dividend Yield ETF by 314.8% in the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after purchasing an additional 192 shares during the period. Runnymede Capital Advisors Inc. acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $34,000. Decker Retirement Planning Inc. acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $39,000. Finally, Wingate Wealth Advisors Inc. acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $39,000.

Vanguard High Dividend Yield ETF Trading Down 1.1 %

NYSEARCA VYM opened at $128.40 on Friday. The stock has a market capitalization of $59.04 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10. The stock has a 50-day moving average of $131.61 and a 200 day moving average of $130.13.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be issued a $0.85 dividend. The ex-dividend date is Friday, March 21st.

Vanguard High Dividend Yield ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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