Verity Asset Management Inc. Takes Position in Vanguard High Dividend Yield ETF $VYM

Verity Asset Management Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 13,062 shares of the company’s stock, valued at approximately $1,875,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC increased its position in shares of Vanguard High Dividend Yield ETF by 23.3% during the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after purchasing an additional 3,177 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 314.5% in the 1st quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock worth $3,690,000 after purchasing an additional 21,713 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Vanguard High Dividend Yield ETF by 245.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock worth $469,000 after purchasing an additional 2,501 shares during the period. First Trust Advisors LP lifted its stake in shares of Vanguard High Dividend Yield ETF by 42.7% in the 2nd quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock valued at $2,475,000 after purchasing an additional 5,556 shares during the period. Finally, Gamco Investors INC. ET AL purchased a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at approximately $1,066,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM traded up $1.38 on Thursday, reaching $155.88. The stock had a trading volume of 169,921 shares, compared to its average volume of 1,611,104. Vanguard High Dividend Yield ETF has a 12-month low of $123.54 and a 12-month high of $157.29. The firm has a market capitalization of $76.45 billion, a price-to-earnings ratio of 17.79 and a beta of 0.74. The company has a 50-day simple moving average of $151.44 and a 200-day simple moving average of $147.49.

Vanguard High Dividend Yield ETF 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.