Advisors Capital Management LLC Purchases 491 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Advisors Capital Management LLC raised its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,047 shares of the company’s stock after purchasing an additional 491 shares during the quarter. Advisors Capital Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $4,217,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of VYM. Valley Wealth Managers Inc. raised its holdings 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 worth $32,000 after acquiring an additional 192 shares during the last quarter. Runnymede Capital Advisors Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $34,000. Decker Retirement Planning Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $39,000. Wingate Wealth Advisors Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $39,000. Finally, Pillar Financial Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $41,000.

Vanguard High Dividend Yield ETF Trading Up 1.6 %

NYSEARCA VYM opened at $121.02 on Monday. The business has a fifty day simple moving average of $128.97 and a 200 day simple moving average of $129.86. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $135.10. The firm has a market capitalization of $55.67 billion, a P/E ratio of 18.76 and a beta of 0.79.

Vanguard High Dividend Yield ETF Cuts Dividend

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