Hopwood Financial Services Inc. Acquires Shares of 1,914 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Hopwood Financial Services Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 1,914 shares of the company’s stock, valued at approximately $244,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. CWA Asset Management Group LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the third quarter worth about $314,000. Axxcess Wealth Management LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 13.8% during the third quarter. Axxcess Wealth Management LLC now owns 2,222 shares of the company’s stock valued at $285,000 after acquiring an additional 269 shares during the period. Baker Avenue Asset Management LP acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $418,000. Jaffetilchin Investment Partners LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 4.3% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 7,749 shares of the company’s stock worth $993,000 after purchasing an additional 316 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its position in shares of Vanguard High Dividend Yield ETF by 1.4% in the 3rd quarter. Apollon Wealth Management LLC now owns 33,291 shares of the company’s stock valued at $4,268,000 after acquiring an additional 464 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 1.2 %

Shares of VYM stock opened at $127.91 on Wednesday. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10. The firm has a market cap of $58.69 billion, a PE ratio of 19.65 and a beta of 0.85. The company’s fifty day simple moving average is $131.45 and its 200-day simple moving average is $130.02.

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.