Verdence Capital Advisors LLC Grows Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Verdence Capital Advisors LLC lifted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,968 shares of the company’s stock after purchasing an additional 383 shares during the period. Verdence Capital Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,457,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Norden Group LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 30.7% during the 1st quarter. Norden Group LLC now owns 2,905 shares of the company’s stock valued at $352,000 after buying an additional 683 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in Vanguard High Dividend Yield ETF during the first quarter valued at about $27,000. Concurrent Investment Advisors LLC boosted its position in Vanguard High Dividend Yield ETF by 3.8% during the first quarter. Concurrent Investment Advisors LLC now owns 138,621 shares of the company’s stock worth $16,772,000 after purchasing an additional 5,090 shares during the period. GW Henssler & Associates Ltd. increased its stake in shares of Vanguard High Dividend Yield ETF by 15.7% in the first quarter. GW Henssler & Associates Ltd. now owns 52,579 shares of the company’s stock worth $6,361,000 after purchasing an additional 7,146 shares in the last quarter. Finally, White Lighthouse Investment Management Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 2.0% in the first quarter. White Lighthouse Investment Management Inc. now owns 400,257 shares of the company’s stock valued at $48,427,000 after purchasing an additional 7,899 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.5 %

Shares of VYM stock opened at $132.50 on Friday. The firm’s 50 day moving average is $128.11 and its 200 day moving average is $123.11. The stock has a market capitalization of $59.99 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12 month low of $101.53 and a 12 month high of $132.85.

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.