Winebrenner Capital Management LLC Invests $1.02 Million in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Winebrenner Capital Management LLC acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 7,965 shares of the company’s stock, valued at approximately $1,016,000.

Several other hedge funds have also added to or reduced their stakes in VYM. Element Wealth LLC grew its stake in Vanguard High Dividend Yield ETF by 28.3% in the fourth quarter. Element Wealth LLC now owns 1,597 shares of the company’s stock valued at $204,000 after acquiring an additional 352 shares during the period. Trellis Wealth Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $398,000. Prentice Wealth Management LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 2.6% during the 4th quarter. Prentice Wealth Management LLC now owns 88,247 shares of the company’s stock valued at $11,259,000 after purchasing an additional 2,195 shares in the last quarter. Bell Bank grew its position in shares of Vanguard High Dividend Yield ETF by 169.0% in the 4th quarter. Bell Bank now owns 696,473 shares of the company’s stock valued at $88,863,000 after purchasing an additional 437,527 shares during the period. Finally, Dahring Cusmano LLC bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $426,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $133.32 on Friday. The company has a market capitalization of $60.37 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52 week low of $114.37 and a 52 week high of $135.10. The company’s 50 day moving average price is $130.76 and its two-hundred day moving average price is $129.14.

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.