Quantum Capital Management LLC NJ Makes New $3.50 Million Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Quantum Capital Management LLC NJ acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 31,324 shares of the company’s stock, valued at approximately $3,497,000. Vanguard High Dividend Yield ETF comprises approximately 0.4% of Quantum Capital Management LLC NJ’s investment portfolio, making the stock its 22nd biggest position.

Other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth $254,023,000. Pathstone Family Office LLC boosted its holdings in Vanguard High Dividend Yield ETF by 1,737.7% during the 3rd quarter. Pathstone Family Office LLC now owns 1,502,345 shares of the company’s stock valued at $155,233,000 after acquiring an additional 1,420,593 shares during the period. BKM Wealth Management LLC purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $717,000. Arlington Trust Co LLC grew its position in Vanguard High Dividend Yield ETF by 456.6% during the 4th quarter. Arlington Trust Co LLC now owns 456,274 shares of the company’s stock worth $50,934,000 after acquiring an additional 374,301 shares during the last quarter. Finally, LPL Financial LLC increased its stake in Vanguard High Dividend Yield ETF by 6.1% in the 3rd quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock worth $532,326,000 after purchasing an additional 298,137 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.3 %

Shares of NYSEARCA:VYM traded up $0.41 during trading on Friday, reaching $119.38. 501,715 shares of the company traded hands, compared to its average volume of 1,041,609. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $121.64. The firm has a market capitalization of $54.05 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The business’s fifty day moving average is $118.56 and its 200-day moving average is $113.78.

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.