Pointe Capital Management LLC Purchases 4,935 Shares of Vanguard High Dividend Yield ETF (VYM)

Pointe Capital Management LLC lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,663 shares of the company’s stock after buying an additional 4,935 shares during the quarter. Vanguard High Dividend Yield ETF makes up 2.9% of Pointe Capital Management LLC’s holdings, making the stock its 3rd largest holding. Pointe Capital Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,653,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Hefty Wealth Partners boosted its position in Vanguard High Dividend Yield ETF by 3.4% during the fourth quarter. Hefty Wealth Partners now owns 29,084 shares of the company’s stock valued at $2,490,000 after purchasing an additional 968 shares in the last quarter. Oak Point Wealth Management bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $2,463,000. White Lighthouse Investment Management Inc. bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $6,680,000. Triangle Securities Wealth Management boosted its position in Vanguard High Dividend Yield ETF by 4.1% during the fourth quarter. Triangle Securities Wealth Management now owns 33,495 shares of the company’s stock valued at $2,868,000 after purchasing an additional 1,310 shares in the last quarter. Finally, Capital Asset Advisory Services LLC boosted its position in Vanguard High Dividend Yield ETF by 6.6% during the fourth quarter. Capital Asset Advisory Services LLC now owns 9,436 shares of the company’s stock valued at $808,000 after purchasing an additional 587 shares in the last quarter.

Shares of Vanguard High Dividend Yield ETF (NYSEARCA VYM) traded up $0.49 during mid-day trading on Friday, reaching $88.20. The company had a trading volume of 896,841 shares, compared to its average volume of 1,218,478. Vanguard High Dividend Yield ETF has a 12 month low of $75.20 and a 12 month high of $88.31.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 27th. Investors of record on Friday, December 22nd were given a dividend of $0.6431 per share. This represents a $2.57 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date of this dividend was Thursday, December 21st.

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

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