Saxon Interests Inc. Buys 979 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Saxon Interests Inc. boosted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 14.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,720 shares of the company’s stock after purchasing an additional 979 shares during the period. Saxon Interests Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $934,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. DiNuzzo Private Wealth Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at $25,000. Sachetta LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $26,000. JNBA Financial Advisors bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $33,000. First United Bank & Trust bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $33,000. Finally, Halpern Financial Inc. purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $34,000.

Vanguard High Dividend Yield ETF Trading Up 0.3 %

NYSEARCA VYM traded up $0.36 on Tuesday, hitting $118.70. The company’s stock had a trading volume of 606,640 shares, compared to its average volume of 989,677. The firm has a market cap of $53.75 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $121.64. The company’s 50-day simple moving average is $118.92 and its 200 day simple moving average is $116.17.

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.