Tower View Wealth Management LLC Purchases 92 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Tower View Wealth Management LLC boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,200 shares of the company’s stock after acquiring an additional 92 shares during the period. Tower View Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $536,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Mesirow Financial Investment Management Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after purchasing an additional 552,003 shares in the last quarter. Bell Bank boosted its stake in shares of Vanguard High Dividend Yield ETF by 169.0% during the 4th quarter. Bell Bank now owns 696,473 shares of the company’s stock valued at $88,863,000 after purchasing an additional 437,527 shares in the last quarter. Accredited Investors Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 18,516.9% during the 3rd quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock valued at $51,242,000 after purchasing an additional 397,558 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 13,081.4% during the 4th quarter. Strategic Financial Concepts LLC now owns 389,247 shares of the company’s stock valued at $49,664,000 after purchasing an additional 386,294 shares in the last quarter. Finally, Crews Bank & Trust bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $28,349,000.

Vanguard High Dividend Yield ETF Trading Up 1.4 %

Shares of VYM opened at $134.05 on Friday. The firm’s 50-day moving average price is $131.19 and its 200-day moving average price is $129.67. The firm has a market capitalization of $61.51 billion, a price-to-earnings ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10.

Vanguard High Dividend Yield ETF Company 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.