17,815 Shares in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Purchased by Riverbend Wealth Management LLC

Riverbend Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 17,815 shares of the company’s stock, valued at approximately $2,278,000. Vanguard High Dividend Yield ETF accounts for approximately 2.0% of Riverbend Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. BSW Wealth Partners boosted its position in shares of Vanguard High Dividend Yield ETF by 1.9% in the fourth quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock valued at $522,000 after acquiring an additional 76 shares during the period. BLB&B Advisors LLC lifted its stake in Vanguard High Dividend Yield ETF by 5.0% in the 4th quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock worth $210,000 after purchasing an additional 79 shares in the last quarter. Constant Guidance Financial LLC boosted its holdings in Vanguard High Dividend Yield ETF by 0.7% in the 4th quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock valued at $1,542,000 after purchasing an additional 81 shares during the period. Verus Capital Partners LLC grew its position in shares of Vanguard High Dividend Yield ETF by 0.6% during the 3rd quarter. Verus Capital Partners LLC now owns 14,164 shares of the company’s stock valued at $1,816,000 after purchasing an additional 85 shares in the last quarter. Finally, Bogart Wealth LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 1.0% in the fourth quarter. Bogart Wealth LLC now owns 9,140 shares of the company’s stock worth $1,166,000 after purchasing an additional 92 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $129.49 on Tuesday. The company has a market capitalization of $59.42 billion, a PE ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10. The business’s fifty day moving average is $131.45 and its 200 day moving average is $130.01.

Vanguard High Dividend Yield ETF Company 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.