Citizens Financial Group Inc. RI Purchases 2,471 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Citizens Financial Group Inc. RI increased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 12.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,765 shares of the company’s stock after buying an additional 2,471 shares during the period. Citizens Financial Group Inc. RI’s holdings in Vanguard High Dividend Yield ETF were worth $2,777,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VYM. FSA Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at $26,000. Valley Wealth Managers Inc. increased its position in Vanguard High Dividend Yield ETF by 314.8% during 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 during the last quarter. Decker Retirement Planning Inc. bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $39,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $39,000. Finally, Pillar Financial Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $41,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $127.91 on Wednesday. The stock’s 50 day simple moving average is $131.45 and its 200 day simple moving average is $130.02. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10. The company has a market capitalization of $58.69 billion, a price-to-earnings ratio of 19.65 and a beta of 0.85.

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.