Riggs Capital Management LLC Purchases Shares of 11,482 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Riggs Capital Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,482 shares of the company’s stock, valued at approximately $1,465,000. Vanguard High Dividend Yield ETF comprises 1.4% of Riggs Capital Management LLC’s portfolio, making the stock its 19th largest holding.

A number of other institutional investors also recently made changes to their positions in the company. FSA Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $26,000. Valley Wealth Managers Inc. lifted its holdings in shares of 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 in the last quarter. Runnymede Capital Advisors Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $34,000. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $39,000. Finally, Wingate Wealth Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $39,000.

Vanguard High Dividend Yield ETF Stock Down 1.0 %

NYSEARCA VYM opened at $127.55 on Monday. The firm has a 50-day moving average price of $131.55 and a two-hundred day moving average price of $130.33. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10. The company has a market capitalization of $58.65 billion, a P/E ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Cuts Dividend

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