Global Wealth Management Investment Advisory Inc. Grows Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Global Wealth Management Investment Advisory Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 83,589 shares of the company’s stock after purchasing an additional 2,841 shares during the period. Vanguard High Dividend Yield ETF accounts for 2.3% of Global Wealth Management Investment Advisory Inc.’s holdings, making the stock its 10th biggest holding. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $10,716,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Chris Bulman Inc acquired a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $26,000. Central Pacific Bank Trust Division purchased a new position in Vanguard High Dividend Yield ETF in the first quarter valued at $27,000. Cultivar Capital Inc. purchased a new position in Vanguard High Dividend Yield ETF in the second quarter valued at $36,000. Clean Yield Group purchased a new position in Vanguard High Dividend Yield ETF in the first quarter valued at $44,000. Finally, Highline Wealth Partners LLC purchased a new position in Vanguard High Dividend Yield ETF in the third quarter valued at $45,000.

Vanguard High Dividend Yield ETF Trading Up 0.3 %

VYM traded up $0.35 on Tuesday, reaching $127.64. The stock had a trading volume of 41,179 shares, compared to its average volume of 899,882. Vanguard High Dividend Yield ETF has a 12-month low of $101.53 and a 12-month high of $131.85. The business’s 50-day moving average price is $127.71 and its two-hundred day moving average price is $122.79. The company has a market cap of $57.79 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.