McGlone Suttner Wealth Management Inc. Purchases 4,865 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

McGlone Suttner Wealth Management Inc. boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.2% during the fourth quarter, HoldingsChannel reports. The fund owned 41,670 shares of the company’s stock after buying an additional 4,865 shares during the quarter. Vanguard High Dividend Yield ETF comprises 0.9% of McGlone Suttner Wealth Management Inc.’s holdings, making the stock its 18th biggest position. McGlone Suttner Wealth Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $5,317,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VYM. FSA Wealth Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the third quarter valued at $26,000. Decker Retirement Planning Inc. bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $39,000. Highline Wealth Partners LLC purchased a new position in Vanguard High Dividend Yield ETF during the 3rd quarter valued at about $45,000. GAMMA Investing LLC increased its position in shares of Vanguard High Dividend Yield ETF by 352.5% during the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after buying an additional 356 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the third quarter valued at approximately $64,000.

Vanguard High Dividend Yield ETF Trading Up 0.7 %

Vanguard High Dividend Yield ETF stock opened at $133.00 on Friday. Vanguard High Dividend Yield ETF has a 1-year low of $111.31 and a 1-year high of $135.07. The firm has a market capitalization of $60.22 billion, a PE ratio of 15.88 and a beta of 0.70. The firm’s 50 day simple moving average is $130.48 and its 200 day simple moving average is $127.47.

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.