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

Holderness Investments Co. increased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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.

Several other large investors have also recently added to or reduced their stakes in VYM. Elevate Wealth Advisory Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 5.8% during the 4th quarter. Elevate Wealth Advisory Inc. now owns 5,121 shares of the company’s stock valued at $653,000 after acquiring an additional 283 shares during the period. Berkeley Capital Partners LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 0.6% during the 4th quarter. Berkeley Capital Partners LLC now owns 219,487 shares of the company’s stock valued at $28,004,000 after acquiring an additional 1,344 shares during the period. Fiduciary Group LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 8.8% during the 4th quarter. Fiduciary Group LLC now owns 32,382 shares of the company’s stock valued at $4,132,000 after acquiring an additional 2,613 shares during the period. L.K. Benson & Company P.C. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $328,000. Finally, GM Advisory Group LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 7.2% during the 4th quarter. GM Advisory Group LLC now owns 3,774 shares of the company’s stock valued at $482,000 after acquiring an additional 254 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.3 %

VYM stock opened at $129.79 on Friday. The firm has a 50 day moving average of $131.56 and a 200-day moving average of $130.09. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10. The company has a market cap of $59.68 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, March 21st.

Vanguard High Dividend Yield ETF 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.