Ares Management LLC Makes New Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Ares Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 2nd quarter, HoldingsChannel reports. The fund acquired 49,058 shares of the company’s stock, valued at approximately $5,140,000. Vanguard High Dividend Yield ETF comprises about 0.2% of Ares Management LLC’s holdings, making the stock its 25th biggest holding.

Other large investors have also recently modified their holdings of the company. FMR LLC increased its position in shares of Vanguard High Dividend Yield ETF by 12.0% during the first quarter. FMR LLC now owns 83,753 shares of the company’s stock valued at $7,174,000 after buying an additional 9,004 shares during the period. BlackRock Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 82.2% during the first quarter. BlackRock Inc. now owns 1,713 shares of the company’s stock valued at $173,000 after buying an additional 773 shares during the period. JPMorgan Chase & Co. increased its position in shares of Vanguard High Dividend Yield ETF by 47.8% during the first quarter. JPMorgan Chase & Co. now owns 762,895 shares of the company’s stock valued at $77,121,000 after buying an additional 246,571 shares during the period. Pittenger & Anderson Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 325.2% during the first quarter. Pittenger & Anderson Inc. now owns 1,637 shares of the company’s stock valued at $165,000 after buying an additional 1,252 shares during the period. Finally, Moors & Cabot Inc. grew its holdings in Vanguard High Dividend Yield ETF by 3.1% in the first quarter. Moors & Cabot Inc. now owns 5,584 shares of the company’s stock worth $566,000 after purchasing an additional 170 shares during the period.

VYM traded up $1.47 during midday trading on Thursday, reaching $106.41. The company’s stock had a trading volume of 9,389 shares, compared to its average volume of 1,536,205. Vanguard High Dividend Yield ETF has a 1 year low of $77.96 and a 1 year high of $108.71. The stock’s 50-day moving average is $106.06 and its 200-day moving average is $105.26.

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Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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