Tower View Wealth Management LLC Has $527,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Tower View Wealth Management LLC grew its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,108 shares of the company’s stock after buying an additional 87 shares during the quarter. Tower View Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $527,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VYM. Diversified Trust Co lifted its stake in Vanguard High Dividend Yield ETF by 49.9% during the first quarter. Diversified Trust Co now owns 24,386 shares of the company’s stock worth $2,950,000 after purchasing an additional 8,116 shares during the period. Panoramic Investment Advisors LLC boosted its stake in Vanguard High Dividend Yield ETF by 2.4% in the 1st quarter. Panoramic Investment Advisors LLC now owns 21,695 shares of the company’s stock valued at $2,625,000 after buying an additional 517 shares in the last quarter. Dixon Mitchell Investment Counsel Inc. bought a new stake in Vanguard High Dividend Yield ETF in the first quarter valued at $44,000. Oxinas Partners Wealth Management LLC raised its stake in Vanguard High Dividend Yield ETF by 2.9% during the first quarter. Oxinas Partners Wealth Management LLC now owns 25,479 shares of the company’s stock worth $3,083,000 after acquiring an additional 728 shares in the last quarter. Finally, Saxon Interests Inc. raised its stake in Vanguard High Dividend Yield ETF by 14.5% during the first quarter. Saxon Interests Inc. now owns 7,720 shares of the company’s stock worth $934,000 after acquiring an additional 979 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $128.93 on Monday. The firm has a market cap of $58.38 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm’s 50-day simple moving average is $127.30 and its 200-day simple moving average is $122.26. Vanguard High Dividend Yield ETF has a twelve month low of $99.08 and a twelve month high of $131.85.

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.