Exchange Traded Concepts LLC Purchases 41,486 Shares of Vanguard High Dividend Yield ETF $VYM

Exchange Traded Concepts LLC increased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 84,665.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,535 shares of the company’s stock after purchasing an additional 41,486 shares during the period. Exchange Traded Concepts LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,961,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in Vanguard High Dividend Yield ETF in the third quarter worth about $31,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $39,000. Clayton Financial Group LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $41,000. Hemington Wealth Management bought a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $42,000. Finally, Chilton Capital Management LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 72.3% in the third quarter. Chilton Capital Management LLC now owns 305 shares of the company’s stock worth $43,000 after buying an additional 128 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $145.48 on Tuesday. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $157.29. The firm has a market capitalization of $69.92 billion, a P/E ratio of 17.79 and a beta of 0.79. The stock has a 50 day moving average price of $151.24 and a 200 day moving average price of $145.72.

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.