Hickory Asset Management Inc. Makes New Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Hickory Asset Management Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 37,341 shares of the company’s stock, valued at approximately $4,764,000. Vanguard High Dividend Yield ETF makes up approximately 4.0% of Hickory Asset Management Inc.’s investment portfolio, making the stock its 6th largest position.

Other large investors have also recently bought and sold shares of the company. FSA Wealth Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $39,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $39,000. Highline Wealth Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $45,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $45,000.

Vanguard High Dividend Yield ETF Trading Down 0.1 %

VYM opened at $133.77 on Friday. The company’s 50 day moving average is $130.45 and its 200-day moving average is $128.64. Vanguard High Dividend Yield ETF has a 1-year low of $113.00 and a 1-year high of $135.07. The company has a market cap of $60.57 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.