Centricity Wealth Management LLC Takes Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Centricity Wealth Management LLC purchased a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 380 shares of the company’s stock, valued at approximately $48,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. FSA Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth $26,000. Valley Wealth Managers Inc. raised its stake in Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after buying an additional 192 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth about $39,000. Wingate Wealth Advisors Inc. bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $39,000. Finally, Highline Wealth Partners LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $45,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $133.32 on Friday. The firm has a market capitalization of $60.37 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock has a 50 day moving average price of $130.76 and a 200-day moving average price of $129.14. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10.

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.