BIP Wealth LLC Has $7.86 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

BIP Wealth LLC increased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 70,399 shares of the company’s stock after buying an additional 4,525 shares during the quarter. Vanguard High Dividend Yield ETF accounts for about 0.6% of BIP Wealth LLC’s portfolio, making the stock its 29th biggest holding. BIP Wealth LLC’s holdings in Vanguard High Dividend Yield ETF were worth $7,859,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Sumitomo Life Insurance Co. grew its stake in Vanguard High Dividend Yield ETF by 81.5% in the third quarter. Sumitomo Life Insurance Co. now owns 18,483,322 shares of the company’s stock valued at $1,966,803,000 after purchasing an additional 8,298,820 shares in the last quarter. International Assets Investment Management LLC bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $254,023,000. Pathstone Family Office LLC grew its stake in Vanguard High Dividend Yield ETF by 1,737.7% in the third quarter. Pathstone Family Office LLC now owns 1,502,345 shares of the company’s stock valued at $155,233,000 after purchasing an additional 1,420,593 shares in the last quarter. BKM Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $717,000. Finally, Arlington Trust Co LLC grew its stake in Vanguard High Dividend Yield ETF by 456.6% in the fourth quarter. Arlington Trust Co LLC now owns 456,274 shares of the company’s stock valued at $50,934,000 after purchasing an additional 374,301 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM stock traded up $0.28 during mid-day trading on Wednesday, reaching $117.94. The company had a trading volume of 694,915 shares, compared to its average volume of 1,134,184. The stock has a 50 day simple moving average of $117.25 and a two-hundred day simple moving average of $111.15. The company has a market capitalization of $53.40 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week 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.