Rialto Wealth Management LLC Invests $177,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Rialto Wealth Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,389 shares of the company’s stock, valued at approximately $177,000.

Other hedge funds also recently made changes to their positions in the company. Portside Wealth Group LLC grew its position in Vanguard High Dividend Yield ETF by 21.3% during the third quarter. Portside Wealth Group LLC now owns 2,596 shares of the company’s stock valued at $333,000 after acquiring an additional 456 shares during the last quarter. CWA Asset Management Group LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at $314,000. SpiderRock Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 152.5% during the 3rd quarter. SpiderRock Advisors LLC now owns 5,465 shares of the company’s stock valued at $701,000 after purchasing an additional 3,301 shares during the last quarter. Holistic Planning LLC raised its position in Vanguard High Dividend Yield ETF by 269.0% in the 3rd quarter. Holistic Planning LLC now owns 40,872 shares of the company’s stock worth $5,240,000 after purchasing an additional 29,795 shares during the period. Finally, Verdence Capital Advisors LLC lifted its stake in Vanguard High Dividend Yield ETF by 1.4% in the third quarter. Verdence Capital Advisors LLC now owns 26,968 shares of the company’s stock worth $3,457,000 after purchasing an additional 383 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 1.3 %

Shares of NYSEARCA:VYM opened at $131.23 on Friday. The stock has a market capitalization of $60.22 billion, a P/E ratio of 19.65 and a beta of 0.85. The stock’s 50-day moving average price is $131.40 and its 200-day moving average price is $129.93. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10.

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.