Texas Capital Bank Wealth Management Services Inc Has $847,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Texas Capital Bank Wealth Management Services Inc raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 35.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,638 shares of the company’s stock after acquiring an additional 1,747 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in Vanguard High Dividend Yield ETF were worth $847,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $921,398,000. JPMorgan Chase & Co. boosted its holdings in Vanguard High Dividend Yield ETF by 152.1% during the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock worth $696,339,000 after buying an additional 3,292,948 shares during the last quarter. Wellspring Financial Advisors LLC grew its position in shares of Vanguard High Dividend Yield ETF by 29.3% during the 4th quarter. Wellspring Financial Advisors LLC now owns 2,968,984 shares of the company’s stock worth $378,813,000 after buying an additional 672,757 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $77,577,000. Finally, Wells Fargo & Company MN raised its position in shares of Vanguard High Dividend Yield ETF by 9.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock valued at $639,651,000 after acquiring an additional 452,063 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $119.17 on Friday. The company has a 50 day moving average price of $129.19 and a two-hundred day moving average price of $129.88. The company has a market capitalization of $54.82 billion, a PE ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were paid 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.