Legacy Edge Advisors LLC Buys New Position in Vanguard High Dividend Yield ETF $VYM

Legacy Edge Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 3,271 shares of the company’s stock, valued at approximately $469,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Dorato Capital Management bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $30,000. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter valued at approximately $31,000. Grey Fox Wealth Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter valued at approximately $39,000. Hemington Wealth Management bought a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter valued at approximately $42,000. Finally, Chilton Capital Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 72.3% during the 3rd quarter. Chilton Capital Management LLC now owns 305 shares of the company’s stock valued at $43,000 after purchasing an additional 128 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $156.51 on Monday. The business has a 50 day moving average price of $151.48 and a 200 day moving average price of $147.67. Vanguard High Dividend Yield ETF has a twelve month low of $124.06 and a twelve month high of $157.48. The company has a market cap of $76.76 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

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.