Ballentine Partners LLC Buys 1,740 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Ballentine Partners LLC lifted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 15.2% during the fourth quarter, Holdings Channel reports. The fund owned 13,209 shares of the company’s stock after acquiring an additional 1,740 shares during the quarter. Ballentine Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,685,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. increased its position 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 worth $277,512,000 after buying an additional 9,363 shares during the period. Commonwealth Equity Services LLC increased its position in Vanguard High Dividend Yield ETF by 1.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after buying an additional 36,239 shares during the period. The Manufacturers Life Insurance Company increased its position in Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after buying an additional 121,099 shares during the period. Janney Montgomery Scott LLC increased its position in Vanguard High Dividend Yield ETF by 1.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,785,400 shares of the company’s stock worth $228,888,000 after buying an additional 19,205 shares during the period. Finally, Mesirow Financial Investment Management Inc. increased its position in Vanguard High Dividend Yield ETF by 101.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after buying an additional 552,003 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.9 %

Shares of NYSEARCA VYM opened at $132.94 on Wednesday. The business’s 50 day moving average is $130.45 and its two-hundred day moving average is $127.33. The company has a market cap of $60.19 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12 month low of $111.31 and a 12 month high of $135.07.

About Vanguard High Dividend Yield ETF

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.