VSM Wealth Advisory LLC Invests $12.92 Million in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

VSM Wealth Advisory LLC bought a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 101,269 shares of the company’s stock, valued at approximately $12,921,000. Vanguard High Dividend Yield ETF comprises about 4.6% of VSM Wealth Advisory LLC’s holdings, making the stock its 5th largest position.

A number of other large investors have also recently made changes to their positions in the business. Compass Ion Advisors LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 10.2% during the 4th quarter. Compass Ion Advisors LLC now owns 22,804 shares of the company’s stock worth $2,910,000 after purchasing an additional 2,110 shares during the period. Retirement Planning Co of New England Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 2.5% during the 4th quarter. Retirement Planning Co of New England Inc. now owns 8,986 shares of the company’s stock worth $1,147,000 after purchasing an additional 220 shares during the period. Mystic Asset Management Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 6.6% during the 4th quarter. Mystic Asset Management Inc. now owns 2,406 shares of the company’s stock worth $307,000 after purchasing an additional 150 shares during the period. Axxcess Wealth Management LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 230.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,350 shares of the company’s stock worth $938,000 after purchasing an additional 5,128 shares during the period. Finally, Flagship Wealth Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $12,100,000.

Vanguard High Dividend Yield ETF Trading Down 0.5 %

VYM stock opened at $129.14 on Wednesday. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10. The company has a 50-day moving average price of $131.48 and a 200 day moving average price of $130.09. The stock has a market cap of $59.38 billion, a PE ratio of 18.95 and a beta of 0.83.

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.