Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Bought by Essex Financial Services Inc.

Essex Financial Services Inc. increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 161,290 shares of the company’s stock after purchasing an additional 3,362 shares during the period. Vanguard High Dividend Yield ETF accounts for about 1.5% of Essex Financial Services Inc.’s portfolio, making the stock its 13th largest position. Essex Financial Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $20,579,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Mesirow Financial Investment Management Inc. lifted its stake 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 valued at $140,664,000 after acquiring an additional 552,003 shares during the period. Accredited Investors Inc. lifted its stake in 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 valued at $51,242,000 after acquiring an additional 397,558 shares during the period. Strategic Financial Concepts LLC lifted its stake in 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 valued at $49,664,000 after acquiring an additional 386,294 shares during the period. Crews Bank & Trust acquired a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $28,349,000. Finally, Kovitz Investment Group Partners LLC lifted its stake in 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 valued at $22,101,000 after acquiring an additional 171,029 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.5 %

Shares of NYSEARCA VYM opened at $133.04 on Tuesday. Vanguard High Dividend Yield ETF has a 12 month low of $111.31 and a 12 month high of $135.07. The company has a 50 day simple moving average of $130.43 and a two-hundred day simple moving average of $128.42. The stock has a market cap of $60.24 billion, a price-to-earnings 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.