Meridian Wealth Management LLC Has $4.61 Million Holdings in Vanguard High Dividend Yield ETF $VYM

Meridian Wealth Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 27.9% during the fourth quarter, Holdings Channel reports. The fund owned 32,106 shares of the company’s stock after purchasing an additional 6,994 shares during the period. Meridian Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $4,608,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ballast Advisors LLC boosted its stake in Vanguard High Dividend Yield ETF by 8.2% in the fourth quarter. Ballast Advisors LLC now owns 868 shares of the company’s stock worth $125,000 after purchasing an additional 66 shares in the last quarter. Columbus Macro LLC grew its holdings in Vanguard High Dividend Yield ETF by 0.6% during the 4th quarter. Columbus Macro LLC now owns 10,938 shares of the company’s stock worth $1,570,000 after acquiring an additional 70 shares during the last quarter. McAdam LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 2.0% in the third quarter. McAdam LLC now owns 3,692 shares of the company’s stock worth $520,000 after acquiring an additional 71 shares during the last quarter. Sage Financial Group Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 2.1% in the third quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock worth $505,000 after acquiring an additional 72 shares during the last quarter. Finally, Keystone Financial Group lifted its position in shares of Vanguard High Dividend Yield ETF by 0.5% during the third quarter. Keystone Financial Group now owns 16,051 shares of the company’s stock worth $2,262,000 after purchasing an additional 73 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $155.81 on Tuesday. Vanguard High Dividend Yield ETF has a one year low of $126.00 and a one year high of $157.48. The company’s 50 day simple moving average is $151.59 and its 200-day simple moving average is $148.21. The stock has a market capitalization of $76.42 billion, a P/E ratio of 17.79 and a beta of 0.73.

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.