Pennington Partners & CO. LLC Takes $392,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Pennington Partners & CO. LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,073 shares of the company’s stock, valued at approximately $392,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. World Investment Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 451.3% during the 3rd 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. Arvest Bank Trust Division bought a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth $211,000. Wilmington Savings Fund Society FSB raised its stake in shares of Vanguard High Dividend Yield ETF by 880.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 35,527 shares of the company’s stock worth $4,555,000 after purchasing an additional 31,902 shares during the last quarter. Synovus Financial Corp lifted its holdings in shares of Vanguard High Dividend Yield ETF by 94.4% during the third quarter. Synovus Financial Corp now owns 88,365 shares of the company’s stock valued at $11,328,000 after purchasing an additional 42,903 shares in the last quarter. Finally, Peapack Gladstone Financial Corp increased its holdings in Vanguard High Dividend Yield ETF by 5.7% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 110,031 shares of the company’s stock worth $14,106,000 after buying an additional 5,900 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $123.96 on Friday. The firm has a market cap of $56.82 billion, a price-to-earnings ratio of 17.96 and a beta of 0.79. The business has a 50-day simple moving average of $125.77 and a two-hundred day simple moving average of $129.23. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $135.10.

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.