Paradigm Capital Management LLC NV Acquires Shares of 75,867 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Paradigm Capital Management LLC NV acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 75,867 shares of the company’s stock, valued at approximately $9,726,000. Vanguard High Dividend Yield ETF comprises about 9.3% of Paradigm Capital Management LLC NV’s investment portfolio, making the stock its 2nd biggest position.

A number of other institutional investors also recently made changes to their positions in VYM. LPL Financial LLC lifted its holdings in Vanguard High Dividend Yield ETF by 4.6% during the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after purchasing an additional 228,580 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard High Dividend Yield ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock worth $593,076,000 after buying an additional 59,826 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Vanguard High Dividend Yield ETF by 7.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after buying an additional 153,146 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Vanguard High Dividend Yield ETF by 1.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock valued at $277,405,000 after purchasing an additional 36,239 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in shares of Vanguard High Dividend Yield ETF by 6.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after purchasing an additional 121,099 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $134.74 on Friday. The business’s 50 day simple moving average is $130.17 and its 200 day simple moving average is $124.68. Vanguard High Dividend Yield ETF has a 1 year low of $105.92 and a 1 year high of $135.07. The company has a market capitalization of $61.01 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.