Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Position Increased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC raised its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 385,155 shares of the company’s stock after buying an additional 13,034 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.09% of Vanguard High Dividend Yield ETF worth $46,600,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $25,000. Sachetta LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $26,000. First United Bank & Trust acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $33,000. JNBA Financial Advisors acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $33,000. Finally, Halpern Financial Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $34,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $118.29 on Friday. The stock has a market cap of $53.56 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm has a 50 day simple moving average of $118.77 and a 200 day simple moving average of $115.95. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $121.64.

About Vanguard High Dividend Yield ETF

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.