Root Financial Partners LLC Makes New $1.43 Million Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Root Financial Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 11,206 shares of the company’s stock, valued at approximately $1,430,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FSA Wealth Management LLC purchased a new stake in Vanguard High Dividend Yield ETF in the third quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $39,000. Wingate Wealth Advisors Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $39,000. Heck Capital Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $45,000. Finally, Highline Wealth Partners LLC bought a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $45,000.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $133.95 on Friday. The company has a 50 day simple moving average of $130.43 and a two-hundred day simple moving average of $128.60. The firm has a market cap of $60.65 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1-year low of $112.00 and a 1-year high of $135.07.

Vanguard High Dividend Yield ETF 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.