Ipsen Advisor Group LLC Acquires Shares of 4,779 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Ipsen Advisor Group LLC acquired a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,779 shares of the company’s stock, valued at approximately $610,000.

Several other institutional investors and hedge funds also recently bought and sold shares of VYM. FSA Wealth Management LLC purchased a new position in Vanguard High Dividend Yield ETF in the third quarter valued at about $26,000. Valley Wealth Managers Inc. grew its stake in shares of Vanguard High Dividend Yield ETF by 314.8% in the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after buying an additional 192 shares in the last quarter. Runnymede Capital Advisors Inc. acquired a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $34,000. Decker Retirement Planning Inc. bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $39,000. Finally, Wingate Wealth Advisors Inc. acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $39,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $129.18 on Wednesday. The company has a market cap of $59.40 billion, a PE ratio of 18.95 and a beta of 0.83. The stock has a 50-day moving average of $131.68 and a 200-day moving average of $130.24. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were issued a dividend of $0.85 per share. The ex-dividend date of this dividend was Friday, March 21st.

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.