Element Wealth LLC Buys 352 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Element Wealth LLC boosted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 28.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,597 shares of the company’s stock after acquiring an additional 352 shares during the period. Element Wealth LLC’s holdings in Vanguard High Dividend Yield ETF were worth $204,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VYM. Alpha Financial Partners LLC bought a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $468,000. Sequoia Financial Advisors LLC boosted its holdings in Vanguard High Dividend Yield ETF by 3.4% in the third quarter. Sequoia Financial Advisors LLC now owns 16,206 shares of the company’s stock valued at $2,078,000 after acquiring an additional 530 shares during the last quarter. YHB Investment Advisors Inc. lifted its stake in Vanguard High Dividend Yield ETF by 6.6% in the third quarter. YHB Investment Advisors Inc. now owns 3,631 shares of the company’s stock valued at $465,000 after buying an additional 224 shares during the period. Grimes & Company Inc. lifted its stake in Vanguard High Dividend Yield ETF by 13.1% in the third quarter. Grimes & Company Inc. now owns 16,637 shares of the company’s stock valued at $2,133,000 after buying an additional 1,924 shares during the period. Finally, Blackston Financial Advisory Group LLC lifted its stake in Vanguard High Dividend Yield ETF by 0.8% in the third quarter. Blackston Financial Advisory Group LLC now owns 56,660 shares of the company’s stock valued at $7,264,000 after buying an additional 463 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $133.32 on Friday. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10. The business’s 50 day moving average price is $130.76 and its two-hundred day moving average price is $129.14. The firm has a market cap of $60.37 billion, a PE ratio of 15.88 and a beta of 0.70.

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.