Tide Cove Capital Partners LLC Buys New Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Tide Cove Capital Partners LLC purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 58,817 shares of the company’s stock, valued at approximately $7,515,000. Vanguard High Dividend Yield ETF comprises 5.3% of Tide Cove Capital Partners LLC’s holdings, making the stock its 7th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of VYM. Edgestream Partners L.P. acquired a new position in Vanguard High Dividend Yield ETF in the 2nd quarter valued at $235,000. Bank of Montreal Can increased its position in Vanguard High Dividend Yield ETF by 8.7% during the second quarter. Bank of Montreal Can now owns 651,804 shares of the company’s stock worth $77,721,000 after acquiring an additional 52,272 shares during the period. Mill Creek Capital Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $5,190,000. Semmax Financial Advisors Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 1.0% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 36,095 shares of the company’s stock worth $4,374,000 after purchasing an additional 355 shares in the last quarter. Finally, Trinity Legacy Partners LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 7.0% during the second quarter. Trinity Legacy Partners LLC now owns 10,863 shares of the company’s stock worth $1,288,000 after purchasing an additional 710 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.9 %

Shares of VYM stock opened at $132.94 on Wednesday. The stock has a 50 day simple moving average of $130.45 and a 200 day simple moving average of $127.33. Vanguard High Dividend Yield ETF has a 1 year low of $111.31 and a 1 year high of $135.07. The stock has a market cap of $60.19 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.