TCG Advisory Services LLC Buys New Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

TCG Advisory Services LLC bought a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 8,700 shares of the company’s stock, valued at approximately $971,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. DiNuzzo Private Wealth Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $25,000. Providence Capital Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at $25,000. Halpern Financial Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $34,000. BluePath Capital Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth $39,000. Finally, Fortitude Family Office LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $45,000.

Vanguard High Dividend Yield ETF Trading Up 0.6 %

Shares of NYSEARCA:VYM traded up $0.66 during midday trading on Friday, hitting $117.13. The company had a trading volume of 933,683 shares, compared to its average volume of 1,103,594. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.29. The stock has a market cap of $53.04 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm has a fifty day simple moving average of $117.57 and a 200 day simple moving average of $111.69.

About Vanguard High Dividend Yield ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report).

Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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