Sage Financial Management Group Inc. Acquires 2,931 Shares of Vanguard High Dividend Yield ETF $VYM

Sage Financial Management Group Inc. raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.0% during the second quarter, HoldingsChannel.com reports. The fund owned 61,995 shares of the company’s stock after purchasing an additional 2,931 shares during the period. Vanguard High Dividend Yield ETF makes up about 2.9% of Sage Financial Management Group Inc.’s holdings, making the stock its 12th biggest holding. Sage Financial Management Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $8,265,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Advisory Group Advisory Services LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 3.7% during the second quarter. Capital Advisory Group Advisory Services LLC now owns 2,127 shares of the company’s stock worth $284,000 after purchasing an additional 75 shares during the last quarter. HRC Wealth Management LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 4.1% during the first quarter. HRC Wealth Management LLC now owns 2,041 shares of the company’s stock worth $263,000 after purchasing an additional 80 shares during the last quarter. Sunbelt Securities Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 16.6% during the first quarter. Sunbelt Securities Inc. now owns 577 shares of the company’s stock worth $74,000 after purchasing an additional 82 shares during the last quarter. Geneva Partners LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 1.5% during the first quarter. Geneva Partners LLC now owns 5,761 shares of the company’s stock worth $743,000 after purchasing an additional 85 shares during the last quarter. Finally, Mayflower Financial Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 1.2% during the first quarter. Mayflower Financial Advisors LLC now owns 7,083 shares of the company’s stock worth $913,000 after purchasing an additional 86 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.5%

NYSEARCA:VYM opened at $141.55 on Friday. The stock has a market cap of $65.54 billion, a P/E ratio of 17.79 and a beta of 0.84. The stock’s 50-day moving average is $138.50 and its 200-day moving average is $131.90. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $142.22.

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.