PUREfi Wealth LLC Makes New Investment in Vanguard High Dividend Yield ETF $VYM

PUREfi Wealth LLC bought a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,825 shares of the company’s stock, valued at approximately $1,310,000. Vanguard High Dividend Yield ETF accounts for approximately 1.0% of PUREfi Wealth LLC’s holdings, making the stock its 17th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in VYM. Raymond James Financial Inc. raised its position in Vanguard High Dividend Yield ETF by 1.3% during the first quarter. Raymond James Financial Inc. now owns 7,312,162 shares of the company’s stock valued at $942,976,000 after acquiring an additional 90,605 shares in the last quarter. LPL Financial LLC raised its position in Vanguard High Dividend Yield ETF by 2.1% during the first quarter. LPL Financial LLC now owns 5,760,304 shares of the company’s stock valued at $742,849,000 after acquiring an additional 117,074 shares in the last quarter. Ameriprise Financial Inc. raised its position in Vanguard High Dividend Yield ETF by 10.8% during the first quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock valued at $492,413,000 after acquiring an additional 372,066 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in Vanguard High Dividend Yield ETF during the second quarter valued at approximately $366,524,000. Finally, Commonwealth Equity Services LLC raised its position in Vanguard High Dividend Yield ETF by 6.3% during the first quarter. Commonwealth Equity Services LLC now owns 2,490,460 shares of the company’s stock valued at $321,170,000 after acquiring an additional 146,915 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $141.55 on Monday. The firm has a market cap of $65.54 billion, a PE ratio of 17.79 and a beta of 0.84. The firm’s 50 day moving average price is $138.50 and its 200 day moving average price is $131.92. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $142.22.

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.