Prevail Innovative Wealth Advisors LLC Buys New Shares in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Prevail Innovative Wealth Advisors LLC acquired a new position 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 Securities and Exchange Commission. The fund acquired 4,468 shares of the company’s stock, valued at approximately $570,000.

A number of other large investors have also made changes to their positions in the stock. Walled Lake Planning & Wealth Management LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 1.3% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 55,745 shares of the company’s stock valued at $7,113,000 after buying an additional 713 shares in the last quarter. Joseph Group Capital Management raised its position in Vanguard High Dividend Yield ETF by 2.3% in the fourth quarter. Joseph Group Capital Management now owns 15,784 shares of the company’s stock worth $2,014,000 after purchasing an additional 359 shares in the last quarter. Allianz SE bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $254,000. State Farm Mutual Automobile Insurance Co. acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $49,000. Finally, RiverFront Investment Group LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $217,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $127.55 on Monday. The stock has a market capitalization of $58.65 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. The business’s fifty day moving average price is $131.55 and its two-hundred day moving average price is $130.33. Vanguard High Dividend Yield ETF has a fifty-two week low of $114.37 and a fifty-two week high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were issued a dividend of $0.85 per share. The ex-dividend date of this dividend was Friday, March 21st.

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.