Meriwether Wealth & Planning LLC Makes New Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Meriwether Wealth & Planning LLC purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, HoldingsChannel reports. The firm purchased 2,032 shares of the company’s stock, valued at approximately $259,000.

A number of other hedge funds have also made changes to their positions in VYM. FSA Wealth Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $26,000. Valley Wealth Managers Inc. increased its holdings in Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after purchasing an additional 192 shares during the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $39,000. Wingate Wealth Advisors Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $39,000. Finally, Pillar Financial Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $41,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $131.23 on Monday. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10. The firm has a market capitalization of $60.22 billion, a P/E ratio of 19.65 and a beta of 0.85. The business has a 50 day simple moving average of $131.40 and a 200 day simple moving average of $129.97.

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.