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

Runnymede Capital Advisors Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 264 shares of the company’s stock, valued at approximately $34,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FSA Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $26,000. Valley Wealth Managers Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 314.8% in the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after buying an additional 192 shares during the period. Decker Retirement Planning Inc. bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $39,000. Wingate Wealth Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $39,000. Finally, Pillar Financial Advisors LLC bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $41,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $128.40 on Friday. The firm has a fifty day moving average price of $131.61 and a two-hundred day moving average price of $130.13. Vanguard High Dividend Yield ETF has a one year low of $114.37 and a one year high of $135.10. The company has a market cap of $59.04 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st will be issued a $0.85 dividend. The ex-dividend date of this dividend is 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.