Mill Creek Capital Advisors LLC Makes New Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Mill Creek Capital Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 43,759 shares of the company’s stock, valued at approximately $5,190,000.

Other hedge funds also recently modified their holdings of the company. Chris Bulman Inc bought a new stake in Vanguard High Dividend Yield ETF in the second quarter worth about $26,000. Central Pacific Bank Trust Division purchased a new position in shares of Vanguard High Dividend Yield ETF in the first quarter worth approximately $27,000. Cultivar Capital Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter valued at approximately $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at approximately $44,000. Finally, Clean Yield Group purchased a new position in Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $44,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $127.57 on Tuesday. The firm has a market cap of $57.76 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock’s 50-day moving average is $123.87 and its two-hundred day moving average is $120.55. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $128.43.

Vanguard High Dividend Yield ETF Company Profile

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.