Hickory Asset Management Inc. Takes Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Hickory Asset Management Inc. acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,341 shares of the company’s stock, valued at approximately $4,764,000. Vanguard High Dividend Yield ETF accounts for about 4.0% of Hickory Asset Management Inc.’s investment portfolio, making the stock its 6th biggest position.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after purchasing an additional 9,363 shares during the period. World Investment Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 451.3% during the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock worth $2,941,000 after acquiring an additional 18,778 shares during the period. Semmax Financial Advisors Inc. increased its position in Vanguard High Dividend Yield ETF by 3.2% during the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after acquiring an additional 1,171 shares during the period. Grimes & Company Inc. increased its position in Vanguard High Dividend Yield ETF by 13.1% during the third quarter. Grimes & Company Inc. now owns 16,637 shares of the company’s stock worth $2,133,000 after acquiring an additional 1,924 shares during the period. Finally, Seamount Financial Group Inc. bought a new position in Vanguard High Dividend Yield ETF during the third quarter worth about $372,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $133.77 on Friday. Vanguard High Dividend Yield ETF has a 52 week low of $113.00 and a 52 week high of $135.07. The firm has a market cap of $60.57 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm’s 50-day simple moving average is $130.45 and its 200 day simple moving average is $128.64.

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.