Transcend Capital Advisors LLC Raises Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Transcend Capital Advisors LLC raised its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.2% during the fourth quarter, HoldingsChannel reports. The firm owned 125,395 shares of the company’s stock after buying an additional 2,735 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 1.2% of Transcend Capital Advisors LLC’s holdings, making the stock its 12th biggest position. Transcend Capital Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $15,999,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of VYM. FSA Wealth Management LLC purchased a new position in Vanguard High Dividend Yield ETF in the third quarter valued at $26,000. Valley Wealth Managers Inc. boosted its position in shares of Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after acquiring an additional 192 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $39,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $39,000. Finally, Heck Capital Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $45,000.

Vanguard High Dividend Yield ETF Stock Down 0.3 %

Shares of VYM opened at $134.60 on Friday. The company has a market capitalization of $60.95 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52-week low of $113.66 and a 52-week high of $135.10. The stock has a 50 day moving average price of $130.73 and a 200 day moving average price of $129.04.

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.