Potentia Wealth Makes New Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Potentia Wealth acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, Holdings Channel.com reports. The firm acquired 1,741 shares of the company’s stock, valued at approximately $222,000.

Several other institutional investors have also modified their holdings of VYM. Citigroup Inc. increased its holdings in Vanguard High Dividend Yield ETF by 13.1% during the 3rd quarter. Citigroup Inc. now owns 116,959 shares of the company’s stock worth $14,994,000 after purchasing an additional 13,545 shares in the last quarter. Summit Trail Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 2.2% in the 3rd quarter. Summit Trail Advisors LLC now owns 5,409 shares of the company’s stock valued at $693,000 after acquiring an additional 115 shares in the last quarter. Daiwa Securities Group Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 6.8% in the third quarter. Daiwa Securities Group Inc. now owns 4,270 shares of the company’s stock valued at $547,000 after acquiring an additional 270 shares during the last quarter. Alliance Wealth Management Group acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $286,000. Finally, Brown Brothers Harriman & Co. increased its position in shares of Vanguard High Dividend Yield ETF by 379.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 35,032 shares of the company’s stock worth $4,491,000 after purchasing an additional 27,732 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 1.0 %

NYSEARCA VYM opened at $129.74 on Tuesday. Vanguard High Dividend Yield ETF has a 1 year low of $114.37 and a 1 year high of $135.10. The firm has a market capitalization of $59.65 billion, a P/E ratio of 18.95 and a beta of 0.83. The firm’s fifty day moving average price is $131.66 and its two-hundred day moving average price is $130.20.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, March 21st.

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.