Asset Dedication LLC Boosts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Asset Dedication LLC raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 59.9% in the fourth quarter, Holdings Channel reports. The firm owned 8,189 shares of the company’s stock after purchasing an additional 3,067 shares during the period. Asset Dedication LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in VYM. FSA Wealth Management LLC purchased a new stake in Vanguard High Dividend Yield ETF during the third quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $39,000. Highline Wealth Partners LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $45,000. GAMMA Investing LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 352.5% in the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock worth $59,000 after purchasing an additional 356 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC purchased a new position in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $64,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $131.88 on Thursday. The company has a market capitalization of $59.71 billion, a P/E ratio of 15.88 and a beta of 0.70. The business has a fifty day simple moving average of $130.61 and a two-hundred day simple moving average of $127.87. Vanguard High Dividend Yield ETF has a 1 year low of $111.31 and a 1 year high of $135.07.

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.