Magnus Financial Group LLC Grows Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Magnus Financial Group LLC raised its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,394 shares of the company’s stock after buying an additional 217 shares during the quarter. Magnus Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,076,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Chris Bulman Inc bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $26,000. Central Pacific Bank Trust Division purchased a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter worth $27,000. Cultivar Capital Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the second quarter worth $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the first quarter valued at $44,000. Finally, Clean Yield Group bought a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter valued at $44,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $130.35 on Wednesday. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $131.37. The stock’s 50-day simple moving average is $125.83 and its 200 day simple moving average is $121.65. The stock has a market capitalization of $59.02 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF 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.