Runnymede Capital Advisors Inc. Takes $34,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Runnymede Capital Advisors Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 264 shares of the company’s stock, valued at approximately $34,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in VYM. Raymond James Financial Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $921,398,000. SBI Securities Co. Ltd. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $77,577,000. Bell Bank raised its position in shares of Vanguard High Dividend Yield ETF by 169.0% during the 4th quarter. Bell Bank now owns 696,473 shares of the company’s stock valued at $88,863,000 after buying an additional 437,527 shares in the last quarter. Wealthfront Advisers LLC raised its position in shares of Vanguard High Dividend Yield ETF by 17,578.5% during the 4th quarter. Wealthfront Advisers LLC now owns 413,500 shares of the company’s stock valued at $52,758,000 after buying an additional 411,161 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its position in shares of Vanguard High Dividend Yield ETF by 13,081.4% during the 4th quarter. Strategic Financial Concepts LLC now owns 389,247 shares of the company’s stock valued at $49,664,000 after buying an additional 386,294 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $128.40 on Friday. The firm’s fifty day moving average price is $131.61 and its 200-day moving average price is $130.13. The stock has a market cap of $59.04 billion, a P/E ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a fifty-two week low of $114.37 and a fifty-two week high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be given a $0.85 dividend. The ex-dividend date of this dividend is 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.