Prevail Innovative Wealth Advisors LLC Takes $570,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Prevail Innovative Wealth Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,468 shares of the company’s stock, valued at approximately $570,000.

Other hedge funds have also recently bought and sold shares of the company. BSW Wealth Partners grew its holdings in shares of Vanguard High Dividend Yield ETF by 1.9% during the 4th quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock worth $522,000 after acquiring an additional 76 shares during the period. BLB&B Advisors LLC grew its stake in Vanguard High Dividend Yield ETF by 5.0% in the fourth quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock worth $210,000 after purchasing an additional 79 shares during the period. Constant Guidance Financial LLC raised its holdings in Vanguard High Dividend Yield ETF by 0.7% in the fourth quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock worth $1,542,000 after purchasing an additional 81 shares in the last quarter. Lynx Investment Advisory lifted its position in Vanguard High Dividend Yield ETF by 1.1% during the fourth quarter. Lynx Investment Advisory now owns 7,460 shares of the company’s stock valued at $952,000 after buying an additional 84 shares during the period. Finally, Bogart Wealth LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 1.0% during the 4th quarter. Bogart Wealth LLC now owns 9,140 shares of the company’s stock valued at $1,166,000 after buying an additional 92 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $127.55 on Monday. The firm has a market capitalization of $58.65 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. The firm has a 50 day moving average price of $131.55 and a 200-day moving average price of $130.33. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued a $0.85 dividend. The ex-dividend date of this dividend was Friday, March 21st.

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.