Spire Wealth Management Grows Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Spire Wealth Management boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,971 shares of the company’s stock after purchasing an additional 570 shares during the period. Spire Wealth Management’s holdings in Vanguard High Dividend Yield ETF were worth $1,527,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. FSA Wealth Management LLC purchased a new position in Vanguard High Dividend Yield ETF during the third quarter worth $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $39,000. Highline Wealth Partners LLC purchased a new stake in Vanguard High Dividend Yield ETF during the third quarter valued at about $45,000. Heck Capital Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $45,000. Finally, GAMMA Investing LLC grew its position in Vanguard High Dividend Yield ETF by 352.5% during the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after acquiring an additional 356 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.3 %

VYM stock opened at $131.91 on Tuesday. The stock has a 50-day moving average price of $130.62 and a two-hundred day moving average price of $128.07. Vanguard High Dividend Yield ETF has a 12-month low of $111.31 and a 12-month high of $135.07. The company has a market cap of $59.73 billion, a PE ratio of 15.88 and a beta of 0.70.

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.