O Shaughnessy Asset Management LLC Acquires 3,121 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

O Shaughnessy Asset Management LLC increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,264 shares of the company’s stock after buying an additional 3,121 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,989,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in VYM. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $570,000. Walled Lake Planning & Wealth Management LLC lifted its holdings in Vanguard High Dividend Yield ETF by 1.3% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 55,745 shares of the company’s stock worth $7,113,000 after buying an additional 713 shares in the last quarter. Joseph Group Capital Management boosted its position in Vanguard High Dividend Yield ETF by 2.3% in the 4th quarter. Joseph Group Capital Management now owns 15,784 shares of the company’s stock valued at $2,014,000 after buying an additional 359 shares during the last quarter. Allianz SE acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $254,000. Finally, State Farm Mutual Automobile Insurance Co. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $49,000.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

Shares of VYM opened at $129.43 on Thursday. The stock’s fifty day simple moving average is $131.36 and its 200-day simple moving average is $130.37. The firm has a market capitalization of $59.54 billion, a PE ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were given a dividend of $0.85 per share. The ex-dividend date was 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.