Hippocratic Financial Advisors LLC Buys Shares of 126,917 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Hippocratic Financial Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 126,917 shares of the company’s stock, valued at approximately $16,193,000. Vanguard High Dividend Yield ETF comprises approximately 11.3% of Hippocratic Financial Advisors LLC’s holdings, making the stock its 3rd biggest holding.

Other hedge funds also recently modified their holdings of the company. FSA Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $26,000. Valley Wealth Managers Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after purchasing an additional 192 shares in the last quarter. Runnymede Capital Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth $34,000. Decker Retirement Planning Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth $39,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at $39,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $128.87 on Friday. The company has a 50-day moving average of $131.63 and a 200-day moving average of $130.22. Vanguard High Dividend Yield ETF has a 52 week low of $114.37 and a 52 week high of $135.10. The company has a market capitalization of $59.25 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were issued a dividend of $0.85 per share. The ex-dividend date was Friday, March 21st.

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.