Mirae Asset Global Investments Co. Ltd. Raises Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Mirae Asset Global Investments Co. Ltd. raised its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,760 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Vanguard High Dividend Yield ETF were worth $2,317,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in VYM. Providence Capital Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF during the third quarter valued at approximately $25,000. Sunbelt Securities Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $32,000. Halpern Financial Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $34,000. BluePath Capital Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $39,000. Finally, Fortitude Family Office LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $45,000.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $114.94 on Friday. The stock has a market cap of $52.04 billion, a P/E ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $121.29. The firm’s 50 day moving average price is $116.90 and its 200-day moving average price is $110.64.

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.