Leo Wealth LLC Invests $709,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Leo Wealth LLC acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,356 shares of the company’s stock, valued at approximately $709,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $25,000. Sachetta LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $26,000. Providence Capital Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF during the third quarter valued at $25,000. First United Bank & Trust acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $33,000. Finally, JNBA Financial Advisors acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $33,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $119.39 on Tuesday. The company has a market capitalization of $54.06 billion, a PE ratio of 15.88 and a beta of 0.70. The company has a fifty day moving average of $118.40 and a 200 day moving average of $115.43. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $121.64.

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.