Grandview Asset Management LLC Buys Shares of 83,423 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Grandview Asset Management LLC purchased 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 Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 83,423 shares of the company’s stock, valued at approximately $10,644,000. Vanguard High Dividend Yield ETF makes up 3.9% of Grandview Asset Management LLC’s holdings, making the stock its 6th largest holding.

A number of other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its holdings in Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after acquiring an additional 9,363 shares during the last quarter. World Investment Advisors LLC grew its position in shares of Vanguard High Dividend Yield ETF by 451.3% in the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after purchasing an additional 18,778 shares during the period. Semmax Financial Advisors Inc. increased its stake in Vanguard High Dividend Yield ETF by 3.2% in the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock valued at $4,910,000 after purchasing an additional 1,171 shares during the last quarter. Financial Perspectives Inc lifted its position in Vanguard High Dividend Yield ETF by 0.5% during the second quarter. Financial Perspectives Inc now owns 134,440 shares of the company’s stock worth $15,945,000 after buying an additional 705 shares during the period. Finally, Greenline Partners LLC boosted its stake in Vanguard High Dividend Yield ETF by 14.1% in the 2nd quarter. Greenline Partners LLC now owns 2,086 shares of the company’s stock worth $247,000 after buying an additional 258 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $127.20 on Tuesday. The stock has a market capitalization of $57.59 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12 month low of $109.47 and a 12 month high of $135.07. The business has a 50-day moving average of $130.57 and a two-hundred day moving average of $126.92.

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.