2,507 Shares in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Bought by David Wealth Management LLC

David Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,507 shares of the company’s stock, valued at approximately $320,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in shares of Vanguard High Dividend Yield ETF by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after acquiring an additional 9,363 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in Vanguard High Dividend Yield ETF by 1.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after purchasing an additional 36,239 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after purchasing an additional 121,099 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock valued at $230,233,000 after purchasing an additional 19,071 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 101.2% during the third 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 period.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

VYM stock opened at $133.81 on Wednesday. The firm has a market cap of $60.59 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The company’s fifty day simple moving average is $130.41 and its 200 day simple moving average is $128.50. Vanguard High Dividend Yield ETF has a 12-month low of $111.31 and a 12-month high of $135.07.

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.