Graney & King LLC Takes Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Graney & King LLC bought a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 480 shares of the company’s stock, valued at approximately $61,000.

Other hedge funds have also added to or reduced their stakes in the company. Citigroup Inc. grew its position in Vanguard High Dividend Yield ETF by 13.1% during the 3rd quarter. Citigroup Inc. now owns 116,959 shares of the company’s stock worth $14,994,000 after acquiring an additional 13,545 shares during the last quarter. Summit Trail Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 2.2% in the third quarter. Summit Trail Advisors LLC now owns 5,409 shares of the company’s stock worth $693,000 after purchasing an additional 115 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 6.8% in the third quarter. Daiwa Securities Group Inc. now owns 4,270 shares of the company’s stock worth $547,000 after buying an additional 270 shares during the period. Brown Brothers Harriman & Co. raised its holdings in Vanguard High Dividend Yield ETF by 379.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 35,032 shares of the company’s stock valued at $4,491,000 after buying an additional 27,732 shares during the last quarter. Finally, Private Trust Co. NA boosted its position in Vanguard High Dividend Yield ETF by 1.4% during the 3rd quarter. Private Trust Co. NA now owns 14,247 shares of the company’s stock valued at $1,826,000 after buying an additional 192 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.4 %

VYM stock opened at $129.18 on Wednesday. The stock has a market capitalization of $59.40 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. The firm’s 50-day moving average price is $131.68 and its two-hundred day moving average price is $130.24. 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 declared a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were given a dividend of $0.85 per share. The ex-dividend date was Friday, March 21st.

Vanguard High Dividend Yield ETF 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.