Brightwater Advisory LLC Takes $555,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Brightwater Advisory LLC bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,681 shares of the company’s stock, valued at approximately $555,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FSB Premier Wealth Management Inc. lifted 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 acquiring an additional 83 shares during the period. Mechanics Bank Trust Department lifted its stake in Vanguard High Dividend Yield ETF by 0.4% during the first quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock worth $2,987,000 after purchasing an additional 88 shares during the period. KFA Private Wealth Group LLC boosted its holdings in Vanguard High Dividend Yield ETF by 4.7% during the first quarter. KFA Private Wealth Group LLC now owns 1,966 shares of the company’s stock valued at $238,000 after purchasing an additional 89 shares in the last quarter. Burkett Financial Services LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 0.7% in the 2nd quarter. Burkett Financial Services LLC now owns 13,299 shares of the company’s stock valued at $1,577,000 after purchasing an additional 92 shares during the period. Finally, LVW Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 0.9% in the 2nd quarter. LVW Advisors LLC now owns 10,985 shares of the company’s stock worth $1,303,000 after buying an additional 93 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $127.92 on Wednesday. The business has a 50 day simple moving average of $124.41 and a 200 day simple moving average of $120.97. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $128.44. The company has a market capitalization of $57.92 billion, a PE ratio of 15.88 and a beta of 0.70.

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.