ACT Wealth Management LLC Purchases 3,859 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

ACT Wealth Management LLC boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 240,585 shares of the company’s stock after purchasing an additional 3,859 shares during the period. Vanguard High Dividend Yield ETF comprises 13.7% of ACT Wealth Management LLC’s holdings, making the stock its 3rd largest position. ACT Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $30,843,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VYM. Chris Bulman Inc bought a new position in shares of Vanguard High Dividend Yield ETF in the second quarter valued at about $26,000. Central Pacific Bank Trust Division acquired a new position in Vanguard High Dividend Yield ETF in the 1st quarter valued at about $27,000. Cultivar Capital Inc. bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $36,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the first quarter worth approximately $44,000. Finally, Clean Yield Group bought a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter worth approximately $44,000.

Vanguard High Dividend Yield ETF Trading Down 0.1 %

Shares of NYSEARCA VYM opened at $127.86 on Wednesday. The firm has a market cap of $57.89 billion, a P/E ratio of 15.88 and a beta of 0.70. The business’s 50 day moving average is $124.93 and its 200-day moving average is $121.30. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $128.77.

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.