Vanguard High Dividend Yield ETF (NYSEARCA:VYM) is Iron Horse Wealth Management LLC’s Largest Position

Iron Horse Wealth Management LLC raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 245,198 shares of the company’s stock after purchasing an additional 11,926 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 10.7% of Iron Horse Wealth Management LLC’s holdings, making the stock its largest holding. Iron Horse Wealth Management LLC owned 0.05% of Vanguard High Dividend Yield ETF worth $31,434,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 3,230,426 shares of the company’s stock valued at $360,612,000 after purchasing an additional 9,362 shares in the last quarter. Global Assets Advisory LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at about $4,958,000. Kingswood Wealth Advisors LLC lifted its stake in Vanguard High Dividend Yield ETF by 1.4% in the first quarter. Kingswood Wealth Advisors LLC now owns 9,385 shares of the company’s stock valued at $1,135,000 after buying an additional 126 shares during the last quarter. Atlas Capital Advisors LLC grew its position in shares of Vanguard High Dividend Yield ETF by 47.0% during the first quarter. Atlas Capital Advisors LLC now owns 882 shares of the company’s stock worth $107,000 after acquiring an additional 282 shares during the last quarter. Finally, Elevated Capital Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF during the 1st quarter worth $212,000.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock traded down $0.55 during mid-day trading on Wednesday, reaching $129.62. 229,757 shares of the company were exchanged, compared to its average volume of 905,762. The firm’s 50-day simple moving average is $126.92 and its two-hundred day simple moving average is $122.05. The firm has a market cap of $58.69 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $131.85.

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.