Alliance Wealth Management Group Invests $286,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Alliance Wealth Management Group acquired a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,232 shares of the company’s stock, valued at approximately $286,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Daiwa Securities Group Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 4,270 shares of the company’s stock worth $547,000 after purchasing an additional 270 shares during the period. Pekin Hardy Strauss Inc. raised its stake in Vanguard High Dividend Yield ETF by 1.3% during the third quarter. Pekin Hardy Strauss Inc. now owns 24,514 shares of the company’s stock worth $3,143,000 after buying an additional 306 shares during the last quarter. Summit Trail Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 2.2% in the third quarter. Summit Trail Advisors LLC now owns 5,409 shares of the company’s stock valued at $693,000 after buying an additional 115 shares during the period. Wealth Dimensions Group Ltd. boosted its position in Vanguard High Dividend Yield ETF by 4.2% during the third quarter. Wealth Dimensions Group Ltd. now owns 137,110 shares of the company’s stock valued at $17,577,000 after acquiring an additional 5,548 shares during the last quarter. Finally, Baltimore Washington Financial Advisors Inc. grew its holdings in Vanguard High Dividend Yield ETF by 4.7% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 302,119 shares of the company’s stock worth $38,732,000 after acquiring an additional 13,476 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $133.62 on Monday. Vanguard High Dividend Yield ETF has a 1 year low of $105.37 and a 1 year high of $133.74. The business’s 50-day moving average is $129.44 and its 200-day moving average is $124.20. The company has a market capitalization of $60.50 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.