Saxon Interests Inc. Acquires New Shares in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Saxon Interests Inc. bought a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,741 shares of the company’s stock, valued at approximately $752,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VYM. Providence Capital Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth $25,000. Sunbelt Securities Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth about $32,000. BluePath Capital Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth about $39,000. Fortitude Family Office LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $45,000. Finally, Valley Wealth Managers Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth about $47,000.

Vanguard High Dividend Yield ETF Trading Up 0.3 %

Shares of Vanguard High Dividend Yield ETF stock traded up $0.42 during trading hours on Friday, reaching $120.99. 1,262,107 shares of the company’s stock were exchanged, compared to its average volume of 1,163,847. The company has a 50 day moving average of $115.09 and a two-hundred day moving average of $109.29. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $121.29. The stock has a market cap of $55.58 billion, a P/E ratio of 13.80 and a beta of 0.84.

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.