Tennessee Valley Asset Management Partners Takes $58,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Tennessee Valley Asset Management Partners acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 516 shares of the company’s stock, valued at approximately $58,000.

Other hedge funds have also modified their holdings of the company. DAVENPORT & Co LLC raised its stake 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 valued at $18,153,000 after buying an additional 18,564 shares in the last quarter. Founders Financial Securities LLC raised its stake in Vanguard High Dividend Yield ETF by 6.0% in the third quarter. Founders Financial Securities LLC now owns 11,338 shares of the company’s stock valued at $1,171,000 after buying an additional 639 shares in the last quarter. Meridian Wealth Management LLC raised its stake in Vanguard High Dividend Yield ETF by 10.4% in the third quarter. Meridian Wealth Management LLC now owns 18,782 shares of the company’s stock valued at $1,943,000 after buying an additional 1,769 shares in the last quarter. B.O.S.S. Retirement Advisors LLC raised its stake in Vanguard High Dividend Yield ETF by 8.6% in the third quarter. B.O.S.S. Retirement Advisors LLC now owns 10,557 shares of the company’s stock valued at $1,091,000 after buying an additional 832 shares in the last quarter. Finally, Private Trust Co. NA raised its stake in Vanguard High Dividend Yield ETF by 1.1% in the third quarter. Private Trust Co. NA now owns 13,847 shares of the company’s stock valued at $1,431,000 after buying an additional 156 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $117.69 on Wednesday. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $121.29. The stock has a market cap of $53.29 billion, a PE ratio of 15.82 and a beta of 0.73. The stock’s fifty day moving average is $117.14 and its two-hundred day moving average is $111.10.

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.