Cynosure Group LLC Acquires New Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cynosure Group LLC acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,478 shares of the company’s stock, valued at approximately $318,000.

Other hedge funds have also added to or reduced their stakes in the company. QRG Capital Management Inc. grew its stake in Vanguard High Dividend Yield ETF by 67.2% in the second quarter. QRG Capital Management Inc. now owns 11,733 shares of the company’s stock worth $1,392,000 after purchasing an additional 4,714 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of Vanguard High Dividend Yield ETF by 13.1% during the 1st quarter. Janus Henderson Group PLC now owns 43,857 shares of the company’s stock worth $5,306,000 after buying an additional 5,068 shares in the last quarter. Burke & Herbert Bank & Trust Co. increased its stake in shares of Vanguard High Dividend Yield ETF by 6.7% during the second quarter. Burke & Herbert Bank & Trust Co. now owns 19,342 shares of the company’s stock valued at $2,294,000 after buying an additional 1,212 shares during the period. Financial Perspectives Inc raised its holdings in shares of Vanguard High Dividend Yield ETF by 0.5% in the second quarter. Financial Perspectives Inc now owns 134,440 shares of the company’s stock valued at $15,945,000 after acquiring an additional 705 shares in the last quarter. Finally, Norden Group LLC lifted its stake in Vanguard High Dividend Yield ETF by 4.9% in the second quarter. Norden Group LLC now owns 3,048 shares of the company’s stock worth $362,000 after acquiring an additional 143 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $134.74 on Friday. Vanguard High Dividend Yield ETF has a one year low of $105.92 and a one year high of $135.07. The company has a market capitalization of $61.01 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The company’s 50-day simple moving average is $130.17 and its two-hundred day simple moving average is $124.65.

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.