Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Bought by Ballast Inc.

Ballast Inc. grew its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 93,170 shares of the company’s stock after acquiring an additional 9,308 shares during the period. Vanguard High Dividend Yield ETF makes up 4.8% of Ballast Inc.’s portfolio, making the stock its 3rd biggest position. Ballast Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $8,730,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VYM. M Holdings Securities Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 1.1% during the 3rd quarter. M Holdings Securities Inc. now owns 10,313 shares of the company’s stock worth $915,000 after purchasing an additional 112 shares in the last quarter. Cooper Financial Group grew its holdings in Vanguard High Dividend Yield ETF by 3.7% during the 4th quarter. Cooper Financial Group now owns 3,196 shares of the company’s stock worth $300,000 after acquiring an additional 114 shares during the last quarter. Brand Asset Management Group Inc. grew its holdings in Vanguard High Dividend Yield ETF by 20.9% during the 3rd quarter. Brand Asset Management Group Inc. now owns 666 shares of the company’s stock worth $59,000 after acquiring an additional 115 shares during the last quarter. Independence Bank of Kentucky grew its holdings in Vanguard High Dividend Yield ETF by 4.5% during the 3rd quarter. Independence Bank of Kentucky now owns 2,680 shares of the company’s stock worth $238,000 after acquiring an additional 115 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in Vanguard High Dividend Yield ETF by 1.6% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 7,097 shares of the company’s stock worth $630,000 after acquiring an additional 115 shares during the last quarter.

NYSEARCA:VYM traded up $0.08 during mid-day trading on Tuesday, reaching $93.83. 2,028 shares of the company were exchanged, compared to its average volume of 1,726,245. Vanguard High Dividend Yield ETF has a 12 month low of $79.73 and a 12 month high of $94.62. The company has a fifty day moving average of $92.95 and a 200 day moving average of $89.38.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.7791 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $3.12 dividend on an annualized basis and a yield of 3.32%. This is a positive change from Vanguard High Dividend Yield ETF’s previous quarterly dividend of $0.62.

See Also: Investing in Dividend Stocks

Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYM).

Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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