Congress Wealth Management LLC DE Buys 5,662 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Congress Wealth Management LLC DE lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 382,199 shares of the company’s stock after purchasing an additional 5,662 shares during the period. Congress Wealth Management LLC DE’s holdings in Vanguard High Dividend Yield ETF were worth $48,765,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. FSA Wealth Management LLC purchased a new position in Vanguard High Dividend Yield ETF during the 3rd quarter valued at about $26,000. Valley Wealth Managers Inc. raised its stake 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 worth $32,000 after buying an additional 192 shares in the last quarter. Runnymede Capital Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $34,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth $39,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at $39,000.

Vanguard High Dividend Yield ETF Trading Down 1.1 %

VYM opened at $128.40 on Monday. The firm has a market cap of $59.04 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10. The stock has a fifty day moving average price of $131.61 and a 200-day moving average price of $130.16.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st will be given a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, March 21st.

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.