Darrow Company Inc. Cuts Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Darrow Company Inc. lowered its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,577 shares of the company’s stock after selling 1,784 shares during the quarter. Vanguard High Dividend Yield ETF comprises 4.7% of Darrow Company Inc.’s investment portfolio, making the stock its 7th biggest holding. Darrow Company Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $8,112,000 at the end of the most recent quarter.

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

Vanguard High Dividend Yield ETF Stock Down 0.0 %

Shares of VYM stock opened at $133.29 on Friday. The company has a 50 day moving average of $130.50 and a 200-day moving average of $128.23. Vanguard High Dividend Yield ETF has a 12-month low of $111.31 and a 12-month high of $135.07. The firm has a market cap of $60.35 billion, a P/E 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.