Savvy Advisors Inc. Boosts Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Savvy Advisors Inc. grew its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 43.6% in the 4th quarter, HoldingsChannel reports. The firm owned 13,907 shares of the company’s stock after buying an additional 4,225 shares during the quarter. Savvy Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,774,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Advisors Capital Management LLC increased its holdings in Vanguard High Dividend Yield ETF by 1.5% during the fourth quarter. Advisors Capital Management LLC now owns 33,047 shares of the company’s stock valued at $4,217,000 after buying an additional 491 shares during the period. Sagespring Wealth Partners LLC bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at $3,146,000. Townsquare Capital LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 20.8% in the 4th quarter. Townsquare Capital LLC now owns 221,124 shares of the company’s stock valued at $28,213,000 after acquiring an additional 38,060 shares during the period. Fortis Capital Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 4.6% in the 4th quarter. Fortis Capital Advisors LLC now owns 2,733 shares of the company’s stock worth $348,000 after acquiring an additional 120 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Vanguard High Dividend Yield ETF by 1.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 112,969 shares of the company’s stock worth $14,403,000 after purchasing an additional 1,841 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $121.02 on Friday. The stock’s 50-day moving average is $128.97 and its 200 day moving average is $129.84. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $135.10. The company has a market cap of $55.67 billion, a P/E ratio of 18.76 and a beta of 0.79.

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 issued a $0.85 dividend. The ex-dividend date of this dividend was Friday, March 21st.

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.