Vanguard High Dividend Yield ETF $VYM Shares Acquired by Advisors Capital Management LLC

Advisors Capital Management LLC grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.2% during the first quarter, HoldingsChannel reports. The firm owned 34,093 shares of the company’s stock after purchasing an additional 1,046 shares during the quarter. Advisors Capital Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $4,397,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Stone House Investment Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the first quarter valued at approximately $27,000. Financial Gravity Asset Management Inc. acquired a new position in Vanguard High Dividend Yield ETF during the first quarter worth $41,000. Wayfinding Financial LLC acquired a new position in Vanguard High Dividend Yield ETF during the first quarter worth $43,000. Heck Capital Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $45,000. Finally, Moser Wealth Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF by 70.4% during the first quarter. Moser Wealth Advisors LLC now owns 363 shares of the company’s stock worth $47,000 after acquiring an additional 150 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $142.03 on Friday. The business’s fifty day moving average price is $136.69 and its 200 day moving average price is $130.74. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $142.17. The firm has a market capitalization of $65.06 billion, a PE ratio of 17.79 and a beta of 0.84.

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.