Patten Group Inc. Raises Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Patten Group Inc. grew its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,476 shares of the company’s stock after purchasing an additional 410 shares during the quarter. Patten Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,592,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. FSA Wealth Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the third quarter worth $26,000. Valley Wealth Managers Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after purchasing an additional 192 shares during the period. Decker Retirement Planning Inc. acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $39,000. Wingate Wealth Advisors Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth about $39,000. Finally, Heck Capital Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $45,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $132.70 on Tuesday. Vanguard High Dividend Yield ETF has a 1 year low of $114.37 and a 1 year high of $135.10. The stock has a market capitalization of $60.89 billion, a PE ratio of 19.65 and a beta of 0.85. The stock has a 50-day simple moving average of $131.29 and a 200-day simple moving average of $129.80.

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.