Napatree Capital LLC Acquires 2,600 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Napatree Capital LLC increased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 47.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,028 shares of the company’s stock after buying an additional 2,600 shares during the quarter. Napatree Capital LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,024,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. FSA Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $26,000. Valley Wealth Managers Inc. boosted its stake in Vanguard High Dividend Yield ETF by 314.8% during the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after buying an additional 192 shares during the period. Runnymede Capital Advisors Inc. bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at $34,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $39,000. Finally, Wingate Wealth Advisors Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $39,000.

Vanguard High Dividend Yield ETF Stock Down 1.1 %

NYSEARCA VYM opened at $128.40 on Friday. The company has a market capitalization of $59.04 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. The stock’s 50-day simple moving average is $131.61 and its two-hundred day simple moving average is $130.13. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be paid a $0.85 dividend. The ex-dividend date is 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.