Vanguard High Dividend Yield ETF $VYM Shares Purchased by ACT Wealth Management LLC

ACT Wealth Management LLC raised its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.5% during the 4th quarter, HoldingsChannel reports. The firm owned 270,704 shares of the company’s stock after purchasing an additional 6,495 shares during the quarter. Vanguard High Dividend Yield ETF comprises 12.7% of ACT Wealth Management LLC’s holdings, making the stock its 2nd biggest position. ACT Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $38,851,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Gallagher Fiduciary Advisors LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 12,273.0% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock worth $1,064,039,000 after buying an additional 7,917,178 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in Vanguard High Dividend Yield ETF during the third quarter valued at about $316,679,000. Rakuten Investment Management Inc. bought a new stake in Vanguard High Dividend Yield ETF during the third quarter valued at about $199,321,000. Cornerstone Planning Group LLC grew its position in shares of Vanguard High Dividend Yield ETF by 57,021.7% in the third quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock valued at $74,233,000 after purchasing an additional 525,740 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in shares of Vanguard High Dividend Yield ETF by 493.0% in the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock valued at $84,110,000 after purchasing an additional 496,110 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $148.10 on Wednesday. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $157.29. The firm has a market capitalization of $71.18 billion, a PE ratio of 17.79 and a beta of 0.79. The business’s 50-day simple moving average is $151.27 and its 200-day simple moving average is $145.77.

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.