Halbert Hargrove Global Advisors LLC Buys New Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Halbert Hargrove Global Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, Holdings Channel reports. The fund bought 1,208 shares of the company’s stock, valued at approximately $154,000.

A number of other hedge funds have also added to or reduced their stakes in VYM. Mesirow Financial Investment Management Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after buying an additional 552,003 shares during the period. Bell Bank boosted its stake in Vanguard High Dividend Yield ETF by 169.0% during the fourth quarter. Bell Bank now owns 696,473 shares of the company’s stock worth $88,863,000 after acquiring an additional 437,527 shares in the last quarter. Accredited Investors Inc. grew its holdings in Vanguard High Dividend Yield ETF by 18,516.9% in the third quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock worth $51,242,000 after purchasing an additional 397,558 shares during the period. Strategic Financial Concepts LLC increased its stake in Vanguard High Dividend Yield ETF by 13,081.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 389,247 shares of the company’s stock valued at $49,664,000 after purchasing an additional 386,294 shares in the last quarter. Finally, Crews Bank & Trust acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $28,349,000.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $134.05 on Friday. The company’s 50-day moving average is $131.19 and its 200-day moving average is $129.67. The stock has a market capitalization of $61.51 billion, a PE ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a 1 year low of $114.37 and a 1 year high of $135.10.

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.