Gradient Investments LLC Grows Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Gradient Investments LLC grew its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 19.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,051 shares of the company’s stock after purchasing an additional 169 shares during the period. Gradient Investments LLC’s holdings in Vanguard High Dividend Yield ETF were worth $125,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. DiNuzzo Private Wealth Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $25,000. Sachetta LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $26,000. Central Pacific Bank Trust Division purchased a new position in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $27,000. JNBA Financial Advisors purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $33,000. Finally, First United Bank & Trust purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $33,000.

Vanguard High Dividend Yield ETF Stock Up 0.3 %

Shares of VYM stock traded up $0.42 during trading hours on Friday, hitting $123.72. 594,606 shares of the company’s stock traded hands, compared to its average volume of 959,502. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $125.07. The stock has a market cap of $56.02 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock’s fifty day simple moving average is $120.53 and its two-hundred day simple moving average is $118.41.

Vanguard High Dividend Yield ETF Company 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.