Unified Investment Management Makes New Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Unified Investment Management purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,716 shares of the company’s stock, valued at approximately $219,000.

Several other institutional investors have also recently made changes to their positions in VYM. Princeton Global Asset Management LLC increased its position in shares of Vanguard High Dividend Yield ETF by 28.3% during the 3rd quarter. Princeton Global Asset Management LLC now owns 3,225 shares of the company’s stock worth $413,000 after purchasing an additional 711 shares during the last quarter. Clear Creek Financial Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 9.3% during the 3rd quarter. Clear Creek Financial Management LLC now owns 3,216 shares of the company’s stock worth $412,000 after acquiring an additional 274 shares during the last quarter. Pure Financial Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $216,000. BSW Wealth Partners increased its holdings in shares of Vanguard High Dividend Yield ETF by 46.9% during the 3rd quarter. BSW Wealth Partners now owns 4,018 shares of the company’s stock worth $515,000 after acquiring an additional 1,282 shares during the last quarter. Finally, Lansing Street Advisors acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $204,000.

Vanguard High Dividend Yield ETF Trading Down 1.0 %

VYM stock opened at $132.70 on Tuesday. The firm has a market capitalization of $60.89 billion, a PE ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10. The business’s 50 day simple moving average is $131.29 and its 200 day simple moving average is $129.80.

About Vanguard High Dividend Yield ETF

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.