Cannon Financial Strategists Inc. Purchases Shares of 5,148 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cannon Financial Strategists Inc. purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,148 shares of the company’s stock, valued at approximately $611,000.

A number of other large investors also recently bought and sold shares of the stock. FSB Premier Wealth Management Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 3.8% in the second quarter. FSB Premier Wealth Management Inc. now owns 2,282 shares of the company’s stock valued at $271,000 after acquiring an additional 83 shares during the period. Mechanics Bank Trust Department lifted its holdings in Vanguard High Dividend Yield ETF by 0.4% in the first quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock valued at $2,987,000 after acquiring an additional 88 shares during the period. KFA Private Wealth Group LLC lifted its holdings in Vanguard High Dividend Yield ETF by 4.7% in the first quarter. KFA Private Wealth Group LLC now owns 1,966 shares of the company’s stock valued at $238,000 after acquiring an additional 89 shares during the period. Burkett Financial Services LLC lifted its holdings in Vanguard High Dividend Yield ETF by 0.7% in the second quarter. Burkett Financial Services LLC now owns 13,299 shares of the company’s stock valued at $1,577,000 after acquiring an additional 92 shares during the period. Finally, LVW Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 0.9% in the second quarter. LVW Advisors LLC now owns 10,985 shares of the company’s stock valued at $1,303,000 after acquiring an additional 93 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $127.92 on Wednesday. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $128.44. The company has a market cap of $57.92 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock has a 50 day simple moving average of $124.41 and a 200-day simple moving average of $120.97.

About Vanguard High Dividend Yield ETF

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.