Essex Financial Services Inc. Boosts Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Essex Financial Services Inc. grew its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,290 shares of the company’s stock after purchasing an additional 3,362 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 1.5% of Essex Financial Services Inc.’s portfolio, making the stock its 13th biggest holding. Essex Financial Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $20,579,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VYM. Mesirow Financial Investment Management Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after purchasing an additional 552,003 shares in the last quarter. Accredited Investors Inc. increased its holdings in Vanguard High Dividend Yield ETF by 18,516.9% in the 3rd quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock worth $51,242,000 after acquiring an additional 397,558 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in Vanguard High Dividend Yield ETF by 13,081.4% in the 4th quarter. Strategic Financial Concepts LLC now owns 389,247 shares of the company’s stock worth $49,664,000 after acquiring an additional 386,294 shares in the last quarter. Crews Bank & Trust purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth $28,349,000. Finally, Kovitz Investment Group Partners LLC increased its holdings in Vanguard High Dividend Yield ETF by 4,879.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock worth $22,101,000 after acquiring an additional 171,029 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM opened at $133.04 on Tuesday. The firm has a market cap of $60.24 billion, a PE ratio of 15.88 and a beta of 0.70. The firm has a fifty day moving average of $130.43 and a 200 day moving average of $128.42. Vanguard High Dividend Yield ETF has a one year low of $111.31 and a one year high of $135.07.

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.