Elevation Point Wealth Partners LLC Has $8.60 Million Position in Vanguard High Dividend Yield ETF $VYM

Elevation Point Wealth Partners LLC decreased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 64,473 shares of the company’s stock after selling 3,643 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 0.7% of Elevation Point Wealth Partners LLC’s holdings, making the stock its 23rd largest holding. Elevation Point Wealth Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,595,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of VYM. Atwood & Palmer Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the second quarter valued at $26,000. Stone House Investment Management LLC bought a new stake in Vanguard High Dividend Yield ETF during the 1st quarter worth about $27,000. Moisand Fitzgerald Tamayo LLC acquired a new position in Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $27,000. Financial Management Professionals Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $31,000. Finally, Strategic Investment Solutions Inc. IL grew its position in shares of Vanguard High Dividend Yield ETF by 92.0% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $35,000 after buying an additional 126 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $144.39 on Thursday. The firm has a 50 day simple moving average of $140.72 and a 200 day simple moving average of $136.48. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $144.84. The company has a market cap of $67.51 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

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.