Eldridge Investment Advisors Inc. Boosts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Eldridge Investment Advisors Inc. lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 53.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 7,395 shares of the company’s stock after purchasing an additional 2,573 shares during the period. Eldridge Investment Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $825,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VYM. International Assets Investment Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $254,023,000. Pathstone Family Office LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 1,737.7% during the third quarter. Pathstone Family Office LLC now owns 1,502,345 shares of the company’s stock worth $155,233,000 after purchasing an additional 1,420,593 shares during the period. BKM Wealth Management LLC purchased a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth about $717,000. Arlington Trust Co LLC lifted its holdings in Vanguard High Dividend Yield ETF by 456.6% in the fourth quarter. Arlington Trust Co LLC now owns 456,274 shares of the company’s stock worth $50,934,000 after buying an additional 374,301 shares during the period. Finally, LPL Financial LLC lifted its holdings in Vanguard High Dividend Yield ETF by 6.1% in the third quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock worth $532,326,000 after buying an additional 298,137 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

VYM traded up $0.55 on Thursday, hitting $116.54. The company had a trading volume of 486,327 shares, compared to its average volume of 1,102,990. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $121.29. The stock has a fifty day simple moving average of $117.55 and a 200-day simple moving average of $111.66. The firm has a market capitalization of $52.77 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.