Millstone Evans Group LLC Acquires Shares of 1,232 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Millstone Evans Group LLC bought a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,232 shares of the company’s stock, valued at approximately $157,000.

A number of other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $921,398,000. SBI Securities Co. Ltd. bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth about $77,577,000. Bell Bank boosted its holdings in shares of Vanguard High Dividend Yield ETF by 169.0% in the 4th quarter. Bell Bank now owns 696,473 shares of the company’s stock valued at $88,863,000 after buying an additional 437,527 shares during the period. Wealthfront Advisers LLC grew its position in shares of Vanguard High Dividend Yield ETF by 17,578.5% during the 4th quarter. Wealthfront Advisers LLC now owns 413,500 shares of the company’s stock valued at $52,758,000 after buying an additional 411,161 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its stake in Vanguard High Dividend Yield ETF by 13,081.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 389,247 shares of the company’s stock worth $49,664,000 after acquiring an additional 386,294 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 1.1 %

Shares of NYSEARCA VYM opened at $128.40 on Friday. The stock has a market capitalization of $59.04 billion, a P/E ratio of 18.95 and a beta of 0.83. The firm’s 50-day moving average price is $131.61 and its two-hundred day moving average price is $130.13. 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 business also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be given a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, March 21st.

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.