Holderness Investments Co. Raises Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Holderness Investments Co. lifted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 6.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,611 shares of the company’s stock after purchasing an additional 546 shares during the period. Holderness Investments Co.’s holdings in Vanguard High Dividend Yield ETF were worth $1,226,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. FSA Wealth Management LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $26,000. Valley Wealth Managers Inc. grew its stake 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 acquiring an additional 192 shares during the period. Decker Retirement Planning Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $39,000. Wingate Wealth Advisors Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $39,000. Finally, Pillar Financial Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $41,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $129.79 on Friday. The stock has a market capitalization of $59.68 billion, a P/E ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a one year low of $114.37 and a one year high of $135.10. The company has a 50 day moving average price of $131.56 and a two-hundred day moving average price of $130.09.

Vanguard High Dividend Yield ETF Cuts Dividend

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

Vanguard High Dividend Yield ETF Company 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

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

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