54,882 Shares in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Purchased by Founders Grove Wealth Partners LLC

Founders Grove Wealth Partners LLC acquired a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 54,882 shares of the company’s stock, valued at approximately $7,002,000. Vanguard High Dividend Yield ETF accounts for approximately 2.0% of Founders Grove Wealth Partners LLC’s investment portfolio, making the stock its 13th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in VYM. Mesirow Financial Investment Management Inc. grew its stake in shares of Vanguard High Dividend Yield ETF by 101.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after buying an additional 552,003 shares during the last quarter. Accredited Investors Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 18,516.9% in the third quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock worth $51,242,000 after acquiring an additional 397,558 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter worth $27,104,000. Kovitz Investment Group Partners LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 4,879.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock valued at $22,101,000 after acquiring an additional 171,029 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of Vanguard High Dividend Yield ETF by 7.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after purchasing an additional 153,146 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $128.28 on Wednesday. The company has a market capitalization of $58.08 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a one year low of $109.47 and a one year high of $135.07. The company’s 50-day moving average is $130.56 and its 200 day moving average is $126.99.

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.