17,089 Shares in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Purchased by Clune & Associates LTD.

Clune & Associates LTD. acquired a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 17,089 shares of the company’s stock, valued at approximately $2,180,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $921,398,000. LPL Financial LLC grew its position in shares of Vanguard High Dividend Yield ETF by 4.5% during the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock worth $720,020,000 after buying an additional 243,681 shares during the period. Commonwealth Equity Services LLC grew its position in shares of Vanguard High Dividend Yield ETF by 8.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,343,545 shares of the company’s stock worth $299,013,000 after buying an additional 179,703 shares during the period. JPMorgan Chase & Co. grew its position in shares of Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after purchasing an additional 9,363 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in shares of Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after purchasing an additional 121,099 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $128.40 on Monday. The stock has a 50 day simple moving average of $131.61 and a 200 day simple moving average of $130.16. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10. The firm has a market capitalization of $59.04 billion, a PE ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Cuts Dividend

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