Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Stake Raised by HCR Wealth Advisors

HCR Wealth Advisors increased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 27.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 556,799 shares of the company’s stock after buying an additional 119,936 shares during the period. Vanguard High Dividend Yield ETF accounts for about 9.8% of HCR Wealth Advisors’ investment portfolio, making the stock its 2nd biggest position. HCR Wealth Advisors owned about 0.12% of Vanguard High Dividend Yield ETF worth $62,156,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Frazier Financial Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $156,000. Tidemark LLC bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $199,000. InterOcean Capital Group LLC increased its stake in Vanguard High Dividend Yield ETF by 45.5% during the fourth quarter. InterOcean Capital Group LLC now owns 5,909 shares of the company’s stock worth $660,000 after acquiring an additional 1,847 shares during the last quarter. Davis R M Inc. increased its stake in Vanguard High Dividend Yield ETF by 19.8% during the fourth quarter. Davis R M Inc. now owns 2,647 shares of the company’s stock worth $295,000 after acquiring an additional 437 shares during the last quarter. Finally, Dai ichi Life Insurance Company Ltd increased its stake in Vanguard High Dividend Yield ETF by 20.7% during the fourth quarter. Dai ichi Life Insurance Company Ltd now owns 77,731 shares of the company’s stock worth $8,677,000 after acquiring an additional 13,337 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM traded up $0.41 during mid-day trading on Friday, reaching $119.38. 500,408 shares of the company’s stock traded hands, compared to its average volume of 1,041,609. The stock has a market cap of $54.05 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock’s 50-day moving average is $118.51 and its two-hundred day moving average is $113.59. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.64.

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.