NCM Capital Management LLC Purchases Shares of 7,156 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

NCM Capital Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 7,156 shares of the company’s stock, valued at approximately $913,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its stake in Vanguard High Dividend Yield ETF by 21.3% during the 4th quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock valued at $1,753,157,000 after acquiring an additional 2,409,649 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at $921,398,000. LPL Financial LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 4.5% during the fourth quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock valued at $720,020,000 after purchasing an additional 243,681 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Vanguard High Dividend Yield ETF by 152.1% during the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock valued at $696,339,000 after purchasing an additional 3,292,948 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in Vanguard High Dividend Yield ETF by 9.9% in the fourth quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock worth $639,651,000 after purchasing an additional 452,063 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 0.1%

Shares of VYM opened at $130.10 on Wednesday. The firm has a market capitalization of $59.44 billion, a PE ratio of 18.71 and a beta of 0.79. The firm has a 50-day moving average price of $124.95 and a 200 day moving average price of $129.03. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-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.