Mill Creek Capital Advisors LLC Buys Shares of 43,759 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Mill Creek Capital Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 43,759 shares of the company’s stock, valued at approximately $5,190,000.

Several other hedge funds and other institutional investors have also modified their holdings of VYM. Pathstone Holdings LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $164,899,000. Cetera Investment Advisers raised its position in Vanguard High Dividend Yield ETF by 579.6% in the first quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock worth $192,241,000 after purchasing an additional 1,355,103 shares in the last quarter. Sanibel Captiva Trust Company Inc. bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $97,395,000. Mesirow Financial Investment Management Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the first quarter valued at approximately $66,489,000. Finally, Stifel Financial Corp grew its stake in shares of Vanguard High Dividend Yield ETF by 27.4% in the 4th quarter. Stifel Financial Corp now owns 1,679,356 shares of the company’s stock valued at $187,468,000 after purchasing an additional 360,761 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $127.57 on Tuesday. The business has a 50 day simple moving average of $123.87 and a 200 day simple moving average of $120.55. The company has a market capitalization of $57.76 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $128.43.

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.