Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Bought by SP Asset Management LLC

SP Asset Management LLC grew its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.8% in the fourth quarter, HoldingsChannel reports. The fund owned 14,999 shares of the company’s stock after buying an additional 112 shares during the period. SP Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,914,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in VYM. FSA Wealth Management LLC acquired a new position in Vanguard High Dividend Yield ETF during the 3rd quarter worth $26,000. Valley Wealth Managers Inc. boosted its position in Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after acquiring an additional 192 shares during the period. Decker Retirement Planning Inc. acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $39,000. Wingate Wealth Advisors Inc. acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $39,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at $45,000.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

Shares of Vanguard High Dividend Yield ETF stock opened at $130.77 on Thursday. The firm has a market cap of $60.01 billion, a price-to-earnings ratio of 19.65 and a beta of 0.85. The business has a fifty day simple moving average of $131.35 and a 200-day simple moving average of $129.85. Vanguard High Dividend Yield ETF has a fifty-two week low of $114.37 and a fifty-two week high of $135.10.

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.