Iron Horse Wealth Management LLC Raises Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Iron Horse Wealth Management LLC boosted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 227,354 shares of the company’s stock after buying an additional 6,483 shares during the period. Vanguard High Dividend Yield ETF makes up 10.9% of Iron Horse Wealth Management LLC’s portfolio, making the stock its largest holding. Iron Horse Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $27,508,000 as of its most recent filing with the SEC.

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

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock traded up $0.29 during mid-day trading on Friday, reaching $118.60. 991,732 shares of the company were exchanged, compared to its average volume of 993,924. The firm has a market cap of $53.70 billion, a PE ratio of 15.88 and a beta of 0.70. The company has a fifty day simple moving average of $118.89 and a 200-day simple moving average of $116.09. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.64.

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.