Focused Wealth Management Inc Has $26.29 Million Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Focused Wealth Management Inc increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 205,097 shares of the company’s stock after buying an additional 3,035 shares during the period. Vanguard High Dividend Yield ETF accounts for about 3.5% of Focused Wealth Management Inc’s portfolio, making the stock its 6th largest position. Focused Wealth Management Inc’s holdings in Vanguard High Dividend Yield ETF were worth $26,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Chris Bulman Inc purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at $26,000. Central Pacific Bank Trust Division acquired a new stake in shares of Vanguard High Dividend Yield ETF in the first quarter valued at about $27,000. Cultivar Capital Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth about $36,000. Highline Wealth Partners LLC purchased a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $45,000. Finally, Clean Yield Group acquired a new stake in Vanguard High Dividend Yield ETF in the 1st quarter worth about $44,000.

Vanguard High Dividend Yield ETF Stock Up 1.0 %

Shares of VYM opened at $128.57 on Wednesday. The stock has a market cap of $58.22 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52-week low of $101.53 and a 52-week high of $131.85. The firm’s fifty day moving average is $127.76 and its two-hundred day moving average is $122.88.

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.