Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Bought by Howard Wealth Management LLC

Howard Wealth Management LLC grew its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 106,641 shares of the company’s stock after acquiring an additional 4,227 shares during the period. Vanguard High Dividend Yield ETF makes up 7.4% of Howard Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Howard Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $13,606,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VYM. Alpha Financial Partners LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at $468,000. B.O.S.S. Retirement Advisors LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 100.3% in the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 3,584 shares of the company’s stock valued at $459,000 after buying an additional 1,795 shares in the last quarter. Trust Co. of Vermont raised its stake in shares of Vanguard High Dividend Yield ETF by 19.0% in the 3rd quarter. Trust Co. of Vermont now owns 27,180 shares of the company’s stock valued at $3,484,000 after buying an additional 4,349 shares in the last quarter. Redmont Wealth Advisors LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 122.7% in the 3rd quarter. Redmont Wealth Advisors LLC now owns 7,440 shares of the company’s stock valued at $954,000 after buying an additional 4,099 shares in the last quarter. Finally, Ballast Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 2.1% in the 3rd quarter. Ballast Inc. now owns 111,719 shares of the company’s stock worth $14,322,000 after purchasing an additional 2,256 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $133.77 on Friday. The firm’s 50-day simple moving average is $130.45 and its 200-day simple moving average is $128.64. Vanguard High Dividend Yield ETF has a twelve month low of $113.00 and a twelve month high of $135.07. The firm has a market cap of $60.57 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF 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.