WESPAC Advisors LLC Acquires New Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

WESPAC Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,521 shares of the company’s stock, valued at approximately $449,000.

A number of other institutional investors also recently bought and sold shares of the company. Tradewinds Capital Management LLC lifted its holdings in Vanguard High Dividend Yield ETF by 1,488.0% in the fourth quarter. Tradewinds Capital Management LLC now owns 397 shares of the company’s stock valued at $51,000 after acquiring an additional 372 shares during the period. First Horizon Advisors Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 9.1% in the fourth quarter. First Horizon Advisors Inc. now owns 133,778 shares of the company’s stock valued at $17,069,000 after acquiring an additional 11,199 shares during the period. Pinnacle Financial Partners Inc lifted its holdings in Vanguard High Dividend Yield ETF by 4.6% in the fourth quarter. Pinnacle Financial Partners Inc now owns 122,547 shares of the company’s stock valued at $15,636,000 after acquiring an additional 5,341 shares during the period. Winebrenner Capital Management LLC bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $1,016,000. Finally, Element Wealth LLC lifted its holdings in Vanguard High Dividend Yield ETF by 28.3% in the fourth quarter. Element Wealth LLC now owns 1,597 shares of the company’s stock valued at $204,000 after acquiring an additional 352 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 1.0 %

NYSEARCA VYM opened at $133.32 on Friday. The stock’s 50-day moving average price is $130.76 and its 200-day moving average price is $129.22. Vanguard High Dividend Yield ETF has a 52 week low of $114.37 and a 52 week high of $135.10. The company has a market capitalization of $60.37 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.