Covington Investment Advisors Inc. Buys 1,179 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Covington Investment Advisors Inc. increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,350 shares of the company’s stock after buying an additional 1,179 shares during the period. Covington Investment Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $4,886,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VYM. JPMorgan Chase & Co. grew its stake in shares of Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after acquiring an additional 9,363 shares during the period. World Investment Advisors LLC boosted its position in Vanguard High Dividend Yield ETF by 451.3% during the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock worth $2,941,000 after purchasing an additional 18,778 shares during the period. Semmax Financial Advisors Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 3.2% in the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after purchasing an additional 1,171 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $2,588,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Vanguard High Dividend Yield ETF by 1.3% during the 4th quarter. Bank of New York Mellon Corp now owns 114,629 shares of the company’s stock valued at $14,626,000 after buying an additional 1,496 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.3 %

Vanguard High Dividend Yield ETF stock opened at $128.87 on Friday. The firm has a 50 day simple moving average of $131.63 and a 200 day simple moving average of $130.22. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10. The firm 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 declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were given a $0.85 dividend. The ex-dividend date was 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.