5,627 Shares in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Purchased by Towerpoint Wealth LLC

Towerpoint Wealth LLC purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,627 shares of the company’s stock, valued at approximately $721,000.

A number of other institutional investors and hedge funds also recently modified their holdings of VYM. Independence Bank of Kentucky grew its holdings in Vanguard High Dividend Yield ETF by 0.9% in the third quarter. Independence Bank of Kentucky now owns 8,932 shares of the company’s stock valued at $1,145,000 after purchasing an additional 80 shares during the period. UMB Bank n.a. grew its stake 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 valued at $1,323,000 after buying an additional 80 shares during the period. FSB Premier Wealth Management Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 3.8% during the 2nd quarter. FSB Premier Wealth Management Inc. now owns 2,282 shares of the company’s stock worth $271,000 after buying an additional 83 shares during the last quarter. Sandbox Financial Partners LLC raised its position in shares of Vanguard High Dividend Yield ETF by 2.0% in the 3rd quarter. Sandbox Financial Partners LLC now owns 4,317 shares of the company’s stock worth $553,000 after buying an additional 84 shares during the period. Finally, Mechanics Bank Trust Department boosted its holdings in Vanguard High Dividend Yield ETF by 0.4% in the first quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock valued at $2,987,000 after acquiring an additional 88 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM stock traded up $0.95 during trading on Friday, reaching $129.72. 104,691 shares of the stock traded hands, compared to its average volume of 913,127. The firm has a market capitalization of $58.74 billion, a PE ratio of 15.88 and a beta of 0.70. The business’s 50 day moving average price is $125.15 and its 200-day moving average price is $121.41. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $129.87.

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.