Franklin Resources Inc. Boosts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Franklin Resources Inc. increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 38.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,080 shares of the company’s stock after buying an additional 5,829 shares during the quarter. Franklin Resources Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $2,353,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VYM. Providence Capital Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at about $25,000. DiNuzzo Private Wealth Inc. acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $25,000. Sachetta LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $26,000. JNBA Financial Advisors acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $33,000. Finally, First United Bank & Trust acquired a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $33,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $119.05 on Tuesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $121.64. The firm has a market capitalization of $53.90 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock has a 50 day moving average of $118.59 and a 200 day moving average of $114.50.

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.

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

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