Single Point Partners LLC Takes $780,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Single Point Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,113 shares of the company’s stock, valued at approximately $780,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Mesirow Financial Investment Management Inc. increased its position in Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after purchasing an additional 552,003 shares in the last quarter. Accredited Investors Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 18,516.9% in the 3rd quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock worth $51,242,000 after acquiring an additional 397,558 shares during the period. Strategic Financial Concepts LLC boosted its holdings in Vanguard High Dividend Yield ETF by 13,081.4% in the 4th quarter. Strategic Financial Concepts LLC now owns 389,247 shares of the company’s stock worth $49,664,000 after acquiring an additional 386,294 shares during the period. Crews Bank & Trust purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $28,349,000. Finally, Kovitz Investment Group Partners LLC boosted its holdings in Vanguard High Dividend Yield ETF by 4,879.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock worth $22,101,000 after acquiring an additional 171,029 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.5 %

NYSEARCA VYM opened at $133.04 on Tuesday. The stock has a market cap of $60.24 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $111.31 and a fifty-two week high of $135.07. The business has a 50 day moving average price of $130.43 and a two-hundred day moving average price of $128.42.

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.