Richardson Financial Services Inc. Acquires 1,537 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Richardson Financial Services Inc. grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 100.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,074 shares of the company’s stock after purchasing an additional 1,537 shares during the quarter. Richardson Financial Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $379,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Diversified Trust Co increased its position in shares of Vanguard High Dividend Yield ETF by 49.9% during the first quarter. Diversified Trust Co now owns 24,386 shares of the company’s stock valued at $2,950,000 after acquiring an additional 8,116 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 3,230,426 shares of the company’s stock worth $360,612,000 after buying an additional 9,362 shares during the last quarter. QRG Capital Management Inc. grew its position in Vanguard High Dividend Yield ETF by 67.2% during the second quarter. QRG Capital Management Inc. now owns 11,733 shares of the company’s stock valued at $1,392,000 after buying an additional 4,714 shares during the period. Janus Henderson Group PLC increased its holdings in Vanguard High Dividend Yield ETF by 13.1% during the first quarter. Janus Henderson Group PLC now owns 43,857 shares of the company’s stock worth $5,306,000 after buying an additional 5,068 shares during the last quarter. Finally, Goelzer Investment Management Inc. bought a new stake in Vanguard High Dividend Yield ETF in the first quarter worth about $397,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM traded down $1.05 during midday trading on Friday, reaching $128.43. The company had a trading volume of 716,113 shares, compared to its average volume of 906,453. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $131.85. The business has a 50-day moving average price of $127.30 and a two-hundred day moving average price of $122.23. The stock has a market cap of $58.15 billion, a PE ratio of 15.88 and a beta of 0.70.

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.