Pointe Capital Management LLC Has $10.59 Million Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Pointe Capital Management LLC grew its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 94,839 shares of the company’s stock after purchasing an additional 295 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 7.4% of Pointe Capital Management LLC’s holdings, making the stock its biggest position. Pointe Capital Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $10,587,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. DiNuzzo Private Wealth Inc. purchased a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $25,000. Providence Capital Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at about $25,000. Halpern Financial Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $34,000. BluePath Capital Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at approximately $39,000. Finally, Fortitude Family Office LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $45,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock traded up $0.66 during trading hours on Friday, hitting $117.13. The company’s stock had a trading volume of 933,683 shares, compared to its average volume of 1,103,594. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $121.29. The business has a 50 day moving average price of $117.57 and a two-hundred day moving average price of $111.69. The company has a market cap of $53.04 billion, a PE ratio of 15.88 and a beta of 0.70.

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.