Stonebridge Financial Group LLC Takes $654,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Stonebridge Financial Group LLC purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,125 shares of the company’s stock, valued at approximately $654,000.

A number of other large investors have also recently bought and sold shares of VYM. FSA Wealth Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the third quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at $39,000. Wingate Wealth Advisors Inc. acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at $39,000. Highline Wealth Partners LLC acquired a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at $45,000. Finally, Heck Capital Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $45,000.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

Shares of NYSEARCA:VYM opened at $133.81 on Wednesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $111.31 and a fifty-two week high of $135.07. The firm’s 50-day simple moving average is $130.41 and its 200-day simple moving average is $128.50. The company has a market cap of $60.59 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.