MOKAN Wealth Management Inc. Has $1.75 Million Position in Vanguard High Dividend Yield ETF $VYM

MOKAN Wealth Management Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 48.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,190 shares of the company’s stock after acquiring an additional 4,003 shares during the period. MOKAN Wealth Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,750,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VYM. Dorato Capital Management acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $30,000. Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of Vanguard High Dividend Yield ETF in the third quarter worth $31,000. Grey Fox Wealth Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF in the third quarter valued at about $39,000. Clayton Financial Group LLC bought a new stake in Vanguard High Dividend Yield ETF during the third quarter worth about $41,000. Finally, Hemington Wealth Management bought a new stake in Vanguard High Dividend Yield ETF during the third quarter worth about $42,000.

Vanguard High Dividend Yield ETF Stock Down 0.0%

Shares of Vanguard High Dividend Yield ETF stock opened at $153.12 on Wednesday. Vanguard High Dividend Yield ETF has a 12-month low of $117.40 and a 12-month high of $157.29. The company has a market capitalization of $75.10 billion, a price-to-earnings ratio of 17.79 and a beta of 0.74. The firm’s 50-day moving average price is $151.52 and its two-hundred day moving average price is $146.46.

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.