Oppenheimer & Co. Inc. Raises Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Oppenheimer & Co. Inc. grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 2.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 6,912 shares of the company’s stock after buying an additional 159 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $886,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VYM. Chris Bulman Inc acquired a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at $26,000. Cultivar Capital Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth about $36,000. Clean Yield Group acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth about $44,000. Highline Wealth Partners LLC acquired a new position in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $45,000. Finally, Ridgewood Investments LLC purchased a new position in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $49,000.

Vanguard High Dividend Yield ETF Trading Down 0.4 %

Shares of NYSEARCA:VYM opened at $130.78 on Wednesday. The firm has a 50 day simple moving average of $129.00 and a 200-day simple moving average of $123.90. Vanguard High Dividend Yield ETF has a twelve month low of $104.87 and a twelve month high of $133.45. The company has a market capitalization of $59.22 billion, a PE ratio of 15.88 and a beta of 0.70.

About Vanguard High Dividend Yield ETF

(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.

Further Reading

Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report).

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

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