Valley National Advisers Inc. Increases Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Valley National Advisers Inc. grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 0.9% during the 1st quarter, HoldingsChannel reports. The fund owned 11,649 shares of the company’s stock after purchasing an additional 104 shares during the period. Valley National Advisers Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,409,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VYM. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at $25,000. Sachetta LLC purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $26,000. JNBA Financial Advisors purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $33,000. First United Bank & Trust purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $33,000. Finally, Halpern Financial Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $34,000.

Vanguard High Dividend Yield ETF Stock Up 0.1 %

VYM stock traded up $0.17 during trading on Wednesday, hitting $118.87. The company had a trading volume of 600,172 shares, compared to its average volume of 986,612. The firm has a market capitalization of $53.82 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $121.64. The company has a 50 day simple moving average of $118.94 and a 200-day simple moving average of $116.23.

About Vanguard High Dividend Yield ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report).

Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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