Prepared Retirement Institute LLC Takes $230,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Prepared Retirement Institute LLC acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,805 shares of the company’s stock, valued at approximately $230,000.

A number of other institutional investors also recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $921,398,000. LPL Financial LLC raised its stake in Vanguard High Dividend Yield ETF by 4.5% in the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock worth $720,020,000 after acquiring an additional 243,681 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Vanguard High Dividend Yield ETF by 152.1% during the 4th quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock worth $696,339,000 after acquiring an additional 3,292,948 shares during the period. Wells Fargo & Company MN grew its stake in Vanguard High Dividend Yield ETF by 9.9% during the 4th quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock valued at $639,651,000 after purchasing an additional 452,063 shares during the last quarter. Finally, Wellspring Financial Advisors LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 29.3% in the fourth quarter. Wellspring Financial Advisors LLC now owns 2,968,984 shares of the company’s stock valued at $378,813,000 after purchasing an additional 672,757 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 2.9 %

Vanguard High Dividend Yield ETF stock opened at $119.17 on Friday. The stock has a 50-day moving average price of $129.19 and a 200 day moving average price of $129.88. The company has a market capitalization of $54.82 billion, a price-to-earnings ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were paid a dividend of $0.85 per share. The ex-dividend date of this dividend was Friday, March 21st.

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.