Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Stake Raised by Inspirion Wealth Advisors LLC

Inspirion Wealth Advisors LLC raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 431,306 shares of the company’s stock after purchasing an additional 14,206 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 7.7% of Inspirion Wealth Advisors LLC’s holdings, making the stock its 2nd largest holding. Inspirion Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $55,293,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VYM. Chris Bulman Inc purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $26,000. Central Pacific Bank Trust Division purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at $27,000. Cultivar Capital Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at $44,000. Finally, Clean Yield Group purchased a new stake in Vanguard High Dividend Yield ETF during the 1st quarter worth about $44,000.

Vanguard High Dividend Yield ETF Stock Up 0.9 %

NYSEARCA VYM traded up $1.09 during trading hours on Friday, hitting $128.68. 639,346 shares of the company were exchanged, compared to its average volume of 923,334. The company has a 50 day moving average of $124.75 and a two-hundred day moving average of $121.14. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $128.77. The firm has a market cap of $58.27 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.