Antonelli Financial Advisors LLC Buys New Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Antonelli Financial Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,436 shares of the company’s stock, valued at approximately $2,480,000. Vanguard High Dividend Yield ETF makes up approximately 2.1% of Antonelli Financial Advisors LLC’s holdings, making the stock its 15th biggest holding.

Other large investors have also recently modified their holdings of the company. FSA Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth $26,000. Valley Wealth Managers Inc. grew its stake in Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after buying an additional 192 shares during the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $39,000. Wingate Wealth Advisors Inc. acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $39,000. Finally, Pillar Financial Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth $41,000.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $129.79 on Friday. The firm’s fifty day simple moving average is $131.56 and its 200-day simple moving average is $130.09. The company has a market capitalization of $59.68 billion, a P/E ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, March 21st.

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.