Sterling Financial Planning Inc. Grows Stake in Vanguard High Dividend Yield ETF $VYM

Sterling Financial Planning Inc. raised its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,194 shares of the company’s stock after acquiring an additional 3,889 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 3.3% of Sterling Financial Planning Inc.’s portfolio, making the stock its 8th biggest position. Sterling Financial Planning Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $10,024,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of VYM. Atwood & Palmer Inc. bought a new stake in Vanguard High Dividend Yield ETF during the second quarter valued at about $26,000. Stone House Investment Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at about $27,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $27,000. Financial Management Professionals Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $31,000. Finally, Strategic Investment Solutions Inc. IL boosted its holdings in shares of Vanguard High Dividend Yield ETF by 92.0% in the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $35,000 after buying an additional 126 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $140.53 on Wednesday. The stock has a market capitalization of $65.70 billion, a P/E ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $142.22. The company’s 50-day simple moving average is $139.25 and its 200-day simple moving average is $132.45.

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.