Financial Engines Advisors L.L.C. Grows Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Financial Engines Advisors L.L.C. grew its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 26.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 13,634 shares of the company’s stock after acquiring an additional 2,874 shares during the period. Financial Engines Advisors L.L.C.’s holdings in Vanguard High Dividend Yield ETF were worth $1,740,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Financial Counselors Inc. lifted its stake in shares of Vanguard High Dividend Yield ETF by 333.6% in the fourth quarter. Financial Counselors Inc. now owns 112,011 shares of the company’s stock worth $14,291,000 after acquiring an additional 86,176 shares in the last quarter. Ipsen Advisor Group LLC purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $610,000. Florida Financial Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 48.1% in the 4th quarter. Florida Financial Advisors LLC now owns 3,469 shares of the company’s stock valued at $443,000 after purchasing an additional 1,127 shares in the last quarter. Bay Capital Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $5,399,000. Finally, Potentia Wealth bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $222,000.

Vanguard High Dividend Yield ETF Stock Up 0.1 %

Shares of VYM stock opened at $129.31 on Thursday. The company has a market cap of $59.46 billion, a P/E ratio of 18.95 and a beta of 0.83. The business has a 50 day moving average of $131.67 and a two-hundred day moving average of $130.23. Vanguard High Dividend Yield ETF has a 52 week low of $114.37 and a 52 week high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were given a $0.85 dividend. The ex-dividend date of this dividend was Friday, March 21st.

About Vanguard High Dividend Yield ETF

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.