Ballast Inc. Purchases 1,469 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Ballast Inc. boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 109,463 shares of the company’s stock after buying an additional 1,469 shares during the period. Vanguard High Dividend Yield ETF makes up 4.0% of Ballast Inc.’s holdings, making the stock its 5th biggest holding. Ballast Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $12,982,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of VYM. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Vanguard High Dividend Yield ETF by 2.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,760 shares of the company’s stock valued at $2,317,000 after buying an additional 500 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $2,276,000. Sequoia Financial Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 1.1% during the fourth quarter. Sequoia Financial Advisors LLC now owns 16,094 shares of the company’s stock valued at $1,797,000 after purchasing an additional 178 shares during the period. Financial Counselors Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 9.4% during the fourth quarter. Financial Counselors Inc. now owns 32,103 shares of the company’s stock valued at $3,584,000 after purchasing an additional 2,745 shares during the period. Finally, Cerity Partners LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 32.8% during the fourth quarter. Cerity Partners LLC now owns 524,909 shares of the company’s stock valued at $58,596,000 after purchasing an additional 129,567 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM traded down $0.41 during trading on Monday, hitting $119.94. 651,953 shares of the company traded hands, compared to its average volume of 969,233. The business’s fifty day moving average is $120.24 and its 200 day moving average is $118.17. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $125.07. The firm has a market capitalization of $54.31 billion, a price-to-earnings 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.