Global Wealth Management Investment Advisory Inc. Purchases 2,841 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Global Wealth Management Investment Advisory Inc. raised its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 83,589 shares of the company’s stock after acquiring an additional 2,841 shares during the period. Vanguard High Dividend Yield ETF accounts for about 2.3% of Global Wealth Management Investment Advisory Inc.’s portfolio, making the stock its 10th largest position. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $10,716,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. FSA Advisors Inc. increased its stake in Vanguard High Dividend Yield ETF by 3.6% during the 3rd quarter. FSA Advisors Inc. now owns 2,281 shares of the company’s stock worth $281,000 after buying an additional 79 shares during the period. Independence Bank of Kentucky increased its stake in Vanguard High Dividend Yield ETF by 0.9% during the 3rd quarter. Independence Bank of Kentucky now owns 8,932 shares of the company’s stock worth $1,145,000 after buying an additional 80 shares during the period. UMB Bank n.a. increased its stake in Vanguard High Dividend Yield ETF by 0.8% during the 3rd quarter. UMB Bank n.a. now owns 10,323 shares of the company’s stock worth $1,323,000 after buying an additional 80 shares during the period. Elevated Capital Advisors LLC increased its stake in Vanguard High Dividend Yield ETF by 4.6% during the 3rd quarter. Elevated Capital Advisors LLC now owns 1,833 shares of the company’s stock worth $235,000 after buying an additional 80 shares during the period. Finally, FSB Premier Wealth Management Inc. increased its stake in Vanguard High Dividend Yield ETF by 3.8% during the 2nd quarter. FSB Premier Wealth Management Inc. now owns 2,282 shares of the company’s stock worth $271,000 after buying an additional 83 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.3 %

VYM traded up $0.35 during trading hours on Tuesday, hitting $127.64. 41,179 shares of the company’s stock were exchanged, compared to its average volume of 899,882. Vanguard High Dividend Yield ETF has a 12-month low of $101.53 and a 12-month high of $131.85. The firm has a 50 day moving average of $127.71 and a 200 day moving average of $122.79. The firm has a market cap of $57.79 billion, a P/E ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company 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.