Watts Gwilliam & Co. LLC Purchases New Shares in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Watts Gwilliam & Co. LLC purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,310 shares of the company’s stock, valued at approximately $296,000.

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

Vanguard High Dividend Yield ETF Stock Up 1.1 %

Shares of VYM stock opened at $130.13 on Friday. The firm has a market cap of $58.92 billion, a P/E ratio of 15.88 and a beta of 0.70. The company has a 50 day moving average of $125.15 and a 200-day moving average of $121.41. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $130.24.

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.