Millstone Evans Group LLC Purchases Shares of 1,232 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Millstone Evans Group LLC acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,232 shares of the company’s stock, valued at approximately $157,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VYM. BSW Wealth Partners increased its stake in Vanguard High Dividend Yield ETF by 1.9% during the 4th quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock valued at $522,000 after buying an additional 76 shares during the period. BLB&B Advisors LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 5.0% during the fourth quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock valued at $210,000 after acquiring an additional 79 shares during the period. Constant Guidance Financial LLC raised its holdings in Vanguard High Dividend Yield ETF by 0.7% during the fourth quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock worth $1,542,000 after purchasing an additional 81 shares in the last quarter. Bogart Wealth LLC lifted its position in Vanguard High Dividend Yield ETF by 1.0% in the fourth quarter. Bogart Wealth LLC now owns 9,140 shares of the company’s stock worth $1,166,000 after purchasing an additional 92 shares during the period. Finally, Tower View Wealth Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 2.2% during the 4th quarter. Tower View Wealth Management LLC now owns 4,200 shares of the company’s stock valued at $536,000 after purchasing an additional 92 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $128.40 on Friday. The company has a market capitalization of $59.04 billion, a PE ratio of 18.95 and a beta of 0.83. The stock’s fifty day moving average is $131.61 and its 200-day moving average is $130.13. Vanguard High Dividend Yield ETF has a one year low of $114.37 and a one year high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st will be given a $0.85 dividend. The ex-dividend date is Friday, March 21st.

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.