M.E. Allison & CO. Inc. Acquires 673 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

M.E. Allison & CO. Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,044 shares of the company’s stock after buying an additional 673 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 2.6% of M.E. Allison & CO. Inc.’s holdings, making the stock its 6th largest holding. M.E. Allison & CO. Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $2,585,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VYM. Valley Wealth Managers Inc. raised its stake in Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after buying an additional 192 shares during the period. Runnymede Capital Advisors Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth $34,000. Pillar Financial Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $41,000. Heck Capital Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $45,000. Finally, Centricity Wealth Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $48,000.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $130.54 on Monday. The business’s 50-day moving average price is $125.94 and its two-hundred day moving average price is $128.69. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $135.10. The company has a market capitalization of $59.58 billion, a price-to-earnings ratio of 18.75 and a beta of 0.79.

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.