Red Crane Wealth Management LLC Invests $229,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Red Crane Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,794 shares of the company’s stock, valued at approximately $229,000.

Several other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after buying an additional 9,363 shares during the period. World Investment Advisors LLC raised its stake in Vanguard High Dividend Yield ETF by 451.3% in the 3rd quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after acquiring an additional 18,778 shares during the period. Semmax Financial Advisors Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 3.2% in the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock valued at $4,910,000 after purchasing an additional 1,171 shares during the period. Main Street Financial Solutions LLC boosted its stake in Vanguard High Dividend Yield ETF by 4.5% in the 3rd quarter. Main Street Financial Solutions LLC now owns 14,009 shares of the company’s stock valued at $1,796,000 after purchasing an additional 604 shares during the period. Finally, Moller Wealth Partners boosted its position in shares of Vanguard High Dividend Yield ETF by 60.4% in the fourth quarter. Moller Wealth Partners now owns 10,496 shares of the company’s stock valued at $1,339,000 after acquiring an additional 3,953 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $133.19 on Wednesday. Vanguard High Dividend Yield ETF has a 52 week low of $114.37 and a 52 week high of $135.10. The company has a market capitalization of $61.12 billion, a PE ratio of 19.65 and a beta of 0.85. The company’s 50-day simple moving average is $130.83 and its 200 day simple moving average is $129.48.

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.