Thoroughbred Financial Services LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,876 shares of the company’s stock, valued at approximately $675,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE increased its position in Vanguard High Dividend Yield ETF by 266.2% during the 4th quarter. Bank of America Corp DE now owns 25,382,016 shares of the company’s stock worth $1,979,544,000 after purchasing an additional 18,450,463 shares in the last quarter. Morgan Stanley increased its position in Vanguard High Dividend Yield ETF by 2.1% during the 3rd quarter. Morgan Stanley now owns 4,220,473 shares of the company’s stock worth $367,561,000 after purchasing an additional 86,614 shares in the last quarter. LPL Financial LLC increased its position in Vanguard High Dividend Yield ETF by 5.6% during the 4th quarter. LPL Financial LLC now owns 2,448,631 shares of the company’s stock worth $190,969,000 after purchasing an additional 130,792 shares in the last quarter. Raymond James & Associates increased its position in Vanguard High Dividend Yield ETF by 2.9% during the 4th quarter. Raymond James & Associates now owns 2,205,816 shares of the company’s stock worth $172,032,000 after purchasing an additional 62,719 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in Vanguard High Dividend Yield ETF by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,263,399 shares of the company’s stock worth $110,030,000 after purchasing an additional 3,738 shares in the last quarter.

VYM traded up $1.24 on Thursday, reaching $86.59. 258,568 shares of the company’s stock were exchanged, compared to its average volume of 1,192,837. Vanguard High Dividend Yield ETF has a twelve month low of $73.18 and a twelve month high of $89.47.

TRADEMARK VIOLATION WARNING: This piece of content was first reported by Daily Political and is the property of of Daily Political. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of United States and international copyright legislation. The legal version of this piece of content can be read at https://www.dailypolitical.com/2019/05/16/7876-shares-in-vanguard-high-dividend-yield-etf-vym-purchased-by-thoroughbred-financial-services-llc.html.

Read More: Bollinger Bands

Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYM).

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

Receive News & Ratings for Vanguard High Dividend Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard High Dividend Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.