BCS Wealth Management Makes New $416,000 Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

BCS Wealth Management acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,258 shares of the company’s stock, valued at approximately $416,000.

Several other hedge funds also recently modified their holdings of VYM. FSA Wealth Management LLC acquired a new position in Vanguard High Dividend Yield ETF during the third quarter worth $26,000. Highline Wealth Partners LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $45,000. GAMMA Investing LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 352.5% during the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock worth $59,000 after purchasing an additional 356 shares during the last quarter. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $64,000. Finally, Kiely Wealth Advisory Group Inc. lifted its stake in Vanguard High Dividend Yield ETF by 4,064.3% in the 2nd quarter. Kiely Wealth Advisory Group Inc. now owns 583 shares of the company’s stock valued at $70,000 after purchasing an additional 569 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $128.28 on Wednesday. The stock has a 50-day simple moving average of $130.56 and a 200 day simple moving average of $126.99. The stock has a market capitalization of $58.08 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 $109.47 and a 52 week high of $135.07.

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.