23,589 Shares in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Bought by Disciplined Investors L.L.C.

Disciplined Investors L.L.C. bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, Holdings Channel reports. The fund bought 23,589 shares of the company’s stock, valued at approximately $3,000,000. Vanguard High Dividend Yield ETF accounts for approximately 2.9% of Disciplined Investors L.L.C.’s portfolio, making the stock its 7th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in VYM. Raymond James Financial Inc. acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $921,398,000. LPL Financial LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 4.5% during the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock worth $720,020,000 after buying an additional 243,681 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard High Dividend Yield ETF by 152.1% during the 4th quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock worth $696,339,000 after buying an additional 3,292,948 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 8.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,343,545 shares of the company’s stock worth $299,013,000 after buying an additional 179,703 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in Vanguard High Dividend Yield ETF by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock valued at $230,233,000 after acquiring an additional 19,071 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.6 %

Shares of VYM opened at $129.43 on Thursday. The company has a 50-day moving average of $131.36 and a two-hundred day moving average of $130.37. The stock has a market cap of $59.54 billion, a P/E ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were paid a $0.85 dividend. The ex-dividend date was Friday, March 21st.

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.