Sandy Cove Advisors LLC Raises Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Sandy Cove Advisors LLC raised its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,749 shares of the company’s stock after buying an additional 201 shares during the quarter. Sandy Cove Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $351,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in Vanguard High Dividend Yield ETF by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after buying an additional 9,363 shares during the period. World Investment Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 451.3% in the 3rd quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after acquiring an additional 18,778 shares in the last quarter. Semmax Financial Advisors Inc. boosted its position in shares of Vanguard High Dividend Yield ETF by 3.2% during the 3rd quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock valued at $4,910,000 after acquiring an additional 1,171 shares during the last quarter. Greenline Partners LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 14.1% during the second quarter. Greenline Partners LLC now owns 2,086 shares of the company’s stock worth $247,000 after purchasing an additional 258 shares in the last quarter. Finally, Silver Lake Advisory LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth about $251,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $131.69 on Friday. Vanguard High Dividend Yield ETF has a 1-year low of $109.47 and a 1-year high of $135.07. The company has a market capitalization of $59.63 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm’s 50 day simple moving average is $130.47 and its 200 day simple moving average is $127.12.

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.