Iron Horse Wealth Management LLC Increases Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Iron Horse Wealth Management LLC grew its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 254,011 shares of the company’s stock after buying an additional 8,813 shares during the quarter. Vanguard High Dividend Yield ETF makes up 10.9% of Iron Horse Wealth Management LLC’s portfolio, making the stock its largest position. Iron Horse Wealth Management LLC owned 0.06% of Vanguard High Dividend Yield ETF worth $32,409,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VYM. FSA Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the third quarter valued at about $26,000. Decker Retirement Planning Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $39,000. Highline Wealth Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $45,000. Heck Capital Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $45,000. Finally, GAMMA Investing LLC lifted its holdings in Vanguard High Dividend Yield ETF by 352.5% in 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.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $133.29 on Friday. The company has a fifty day moving average price of $130.50 and a two-hundred day moving average price of $128.23. The firm has a market capitalization of $60.35 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52 week low of $111.31 and a 52 week high of $135.07.

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.