Element Wealth LLC Purchases 387 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Element Wealth LLC grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 48.0% during the 4th quarter, HoldingsChannel reports. The fund owned 1,193 shares of the company’s stock after purchasing an additional 387 shares during the quarter. Element Wealth LLC’s holdings in Vanguard High Dividend Yield ETF were worth $133,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VYM. DAVENPORT & Co LLC boosted its holdings in Vanguard High Dividend Yield ETF by 11.8% in the third quarter. DAVENPORT & Co LLC now owns 175,694 shares of the company’s stock worth $18,153,000 after acquiring an additional 18,564 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% during the third quarter. Avior Wealth Management LLC now owns 73,596 shares of the company’s stock valued at $7,604,000 after purchasing an additional 216 shares in the last quarter. Founders Financial Securities LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 6.0% during the third quarter. Founders Financial Securities LLC now owns 11,338 shares of the company’s stock valued at $1,171,000 after purchasing an additional 639 shares in the last quarter. SJS Investment Consulting Inc. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 51.4% during the third quarter. SJS Investment Consulting Inc. now owns 1,149 shares of the company’s stock valued at $119,000 after purchasing an additional 390 shares in the last quarter. Finally, Royal Fund Management LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% during the third quarter. Royal Fund Management LLC now owns 71,267 shares of the company’s stock valued at $7,363,000 after purchasing an additional 242 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM traded up $0.71 during midday trading on Tuesday, reaching $117.66. 751,759 shares of the company’s stock traded hands, compared to its average volume of 1,139,643. The company has a market cap of $53.28 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $121.29. The stock has a 50 day moving average of $117.03 and a 200 day moving average of $110.99.

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.