Merit Financial Group LLC Has $898,000 Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Merit Financial Group LLC raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,049 shares of the company’s stock after acquiring an additional 131 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $898,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VYM. DiNuzzo Private Wealth Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $25,000. Providence Capital Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF during the 3rd quarter valued at $25,000. Halpern Financial Inc. acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at $34,000. BluePath Capital Management LLC acquired a new position in Vanguard High Dividend Yield ETF during the 3rd quarter valued at $39,000. Finally, Fortitude Family Office LLC acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at $45,000.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

Shares of NYSEARCA VYM opened at $117.13 on Monday. The firm’s 50-day simple moving average is $117.60 and its 200 day simple moving average is $111.90. The company has a market cap of $53.04 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $121.29.

Vanguard High Dividend Yield ETF 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.