Allianz SE Takes Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Allianz SE bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,990 shares of the company’s stock, valued at approximately $254,000.

Other institutional investors have also recently added to or reduced their stakes in the company. BSW Wealth Partners raised its holdings in Vanguard High Dividend Yield ETF by 1.9% during the fourth quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock worth $522,000 after purchasing an additional 76 shares in the last quarter. BLB&B Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 5.0% during the 4th quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock worth $210,000 after purchasing an additional 79 shares during the period. Constant Guidance Financial LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 0.7% during the 4th quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock worth $1,542,000 after buying an additional 81 shares in the last quarter. Lynx Investment Advisory lifted its holdings in shares of Vanguard High Dividend Yield ETF by 1.1% in the 4th quarter. Lynx Investment Advisory now owns 7,460 shares of the company’s stock valued at $952,000 after buying an additional 84 shares during the period. Finally, Bogart Wealth LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 1.0% in the fourth quarter. Bogart Wealth LLC now owns 9,140 shares of the company’s stock valued at $1,166,000 after buying an additional 92 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $127.55 on Monday. The business’s fifty day moving average price is $131.55 and its 200 day moving average price is $130.33. The firm has a market capitalization of $58.65 billion, a PE ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were paid a dividend of $0.85 per share. The ex-dividend date 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.