51,342 Shares in Vanguard High Dividend Yield ETF $VYM Acquired by Sherman Wealth Management LLC

Sherman Wealth Management LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 51,342 shares of the company’s stock, valued at approximately $7,237,000. Vanguard High Dividend Yield ETF makes up 7.2% of Sherman Wealth Management LLC’s holdings, making the stock its 3rd biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of VYM. BWM Planning LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $239,000. Romano Brothers AND Company grew its holdings in shares of Vanguard High Dividend Yield ETF by 0.5% in the fourth quarter. Romano Brothers AND Company now owns 78,968 shares of the company’s stock valued at $11,334,000 after purchasing an additional 385 shares during the period. Capital Investment Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 2.2% in the fourth quarter. Capital Investment Advisors LLC now owns 18,508 shares of the company’s stock valued at $2,656,000 after purchasing an additional 403 shares during the period. Team Financial Group LLC increased its position in Vanguard High Dividend Yield ETF by 3.2% during the fourth quarter. Team Financial Group LLC now owns 3,248 shares of the company’s stock worth $466,000 after purchasing an additional 101 shares during the last quarter. Finally, Stephens Consulting LLC increased its position in Vanguard High Dividend Yield ETF by 25.5% during the fourth quarter. Stephens Consulting LLC now owns 3,601 shares of the company’s stock worth $517,000 after purchasing an additional 732 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $145.70 on Friday. The company has a market capitalization of $70.02 billion, a PE ratio of 17.79 and a beta of 0.79. The firm’s 50-day moving average is $151.30 and its two-hundred day moving average is $145.62. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $157.29.

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.