Peddock Capital Advisors LLC Raises Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Peddock Capital Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,162 shares of the company’s stock after acquiring an additional 286 shares during the quarter. Peddock Capital Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $465,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VYM. DiNuzzo Private Wealth Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $25,000. Providence Capital Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter worth $25,000. Halpern Financial Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $34,000. BluePath Capital Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the third quarter worth about $39,000. Finally, Fortitude Family Office LLC purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $45,000.

Vanguard High Dividend Yield ETF Trading Up 0.3 %

VYM stock traded up $0.39 during midday trading on Tuesday, hitting $118.23. 826,477 shares of the company’s stock were exchanged, compared to its average volume of 1,095,025. The stock has a market capitalization of $53.53 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm has a 50 day moving average price of $117.72 and a 200-day moving average price of $112.13. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $121.29.

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.