Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Position Lifted by Tide Cove Capital Partners LLC

Tide Cove Capital Partners LLC lifted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,072 shares of the company’s stock after acquiring an additional 255 shares during the period. Vanguard High Dividend Yield ETF accounts for 6.6% of Tide Cove Capital Partners LLC’s portfolio, making the stock its 5th largest position. Tide Cove Capital Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $7,618,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Valley Wealth Managers Inc. raised its holdings in Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after purchasing an additional 192 shares in the last quarter. Runnymede Capital Advisors Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $34,000. Wingate Wealth Advisors Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $39,000. Pillar Financial Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $41,000. Finally, Heck Capital Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $45,000.

Vanguard High Dividend Yield ETF Stock Up 0.7%

Shares of VYM opened at $130.44 on Friday. The company has a 50 day moving average of $124.87 and a two-hundred day moving average of $128.84. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $135.10. The company has a market cap of $59.53 billion, a price-to-earnings ratio of 18.75 and a beta of 0.79.

Vanguard High Dividend Yield ETF Company 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.