Highline Wealth Partners LLC Purchases Shares of 352 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Highline Wealth Partners LLC acquired a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 352 shares of the company’s stock, valued at approximately $45,000.

Several other hedge funds and other institutional investors have also modified their holdings of VYM. Cetera Investment Advisers grew its stake in shares of Vanguard High Dividend Yield ETF by 579.6% in the first quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock worth $192,241,000 after acquiring an additional 1,355,103 shares during the last quarter. Strategic Financial Concepts LLC boosted its stake in Vanguard High Dividend Yield ETF by 6,282.8% during the second quarter. Strategic Financial Concepts LLC now owns 365,925 shares of the company’s stock worth $43,399,000 after buying an additional 360,192 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF during the second quarter worth $27,104,000. LPL Financial LLC boosted its stake in Vanguard High Dividend Yield ETF by 4.6% during the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after buying an additional 228,580 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Vanguard High Dividend Yield ETF by 7.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after buying an additional 153,146 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $128.52 on Thursday. Vanguard High Dividend Yield ETF has a fifty-two week low of $99.60 and a fifty-two week high of $131.85. The firm’s fifty day moving average price is $127.57 and its two-hundred day moving average price is $122.47. The company has a market capitalization of $58.19 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.