Flywheel Private Wealth LLC Makes New $5.48 Million Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Flywheel Private Wealth LLC acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, HoldingsChannel reports. The firm acquired 42,960 shares of the company’s stock, valued at approximately $5,481,000. Vanguard High Dividend Yield ETF makes up about 5.0% of Flywheel Private Wealth LLC’s portfolio, making the stock its 5th largest holding.

Several other institutional investors and hedge funds have also modified their holdings of VYM. FSA Advisors Inc. lifted its position in Vanguard High Dividend Yield ETF by 3.6% during the third quarter. FSA Advisors Inc. now owns 2,281 shares of the company’s stock worth $281,000 after buying an additional 79 shares during the period. Independence Bank of Kentucky increased its stake in shares of Vanguard High Dividend Yield ETF by 0.9% during the 3rd quarter. Independence Bank of Kentucky now owns 8,932 shares of the company’s stock valued at $1,145,000 after acquiring an additional 80 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.8% during the 3rd quarter. UMB Bank n.a. now owns 10,323 shares of the company’s stock worth $1,323,000 after acquiring an additional 80 shares during the period. Elevated Capital Advisors LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 4.6% in the third quarter. Elevated Capital Advisors LLC now owns 1,833 shares of the company’s stock worth $235,000 after acquiring an additional 80 shares during the last quarter. Finally, Sandbox Financial Partners LLC grew its holdings in Vanguard High Dividend Yield ETF by 2.0% in the third quarter. Sandbox Financial Partners LLC now owns 4,317 shares of the company’s stock valued at $553,000 after purchasing an additional 84 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 1.3 %

NYSEARCA:VYM opened at $129.89 on Thursday. The company has a market cap of $58.81 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm’s 50 day moving average is $130.56 and its two-hundred day moving average is $126.99. Vanguard High Dividend Yield ETF has a fifty-two week low of $109.47 and a fifty-two week high of $135.07.

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.