Strategic Financial Concepts LLC Purchases 386,294 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Strategic Financial Concepts LLC lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13,081.4% during the 4th quarter, HoldingsChannel reports. The firm owned 389,247 shares of the company’s stock after acquiring an additional 386,294 shares during the period. Strategic Financial Concepts LLC’s holdings in Vanguard High Dividend Yield ETF were worth $49,664,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 7.5% during the second quarter. AQR Capital Management LLC now owns 4,935 shares of the company’s stock valued at $585,000 after purchasing an additional 343 shares in the last quarter. GAMMA Investing LLC increased its position in Vanguard High Dividend Yield ETF by 352.5% during the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after buying an additional 356 shares in the last quarter. Alpha Financial Partners LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at $468,000. Brookstone Capital Management raised its position in shares of Vanguard High Dividend Yield ETF by 5.5% in the 3rd quarter. Brookstone Capital Management now owns 70,795 shares of the company’s stock worth $9,076,000 after purchasing an additional 3,714 shares during the last quarter. Finally, CWM LLC boosted its stake in Vanguard High Dividend Yield ETF by 1.9% in the 3rd quarter. CWM LLC now owns 52,327 shares of the company’s stock worth $6,708,000 after purchasing an additional 990 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $133.29 on Friday. The firm has a market cap of $60.35 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $111.31 and a fifty-two week high of $135.07. The firm has a 50-day simple moving average of $130.50 and a two-hundred day simple moving average of $128.23.

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.