Merit Financial Group LLC Purchases 38,314 Shares of Vanguard High Dividend Yield ETF $VYM

Merit Financial Group LLC boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 17.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 259,882 shares of the company’s stock after purchasing an additional 38,314 shares during the period. Merit Financial Group LLC owned approximately 0.06% of Vanguard High Dividend Yield ETF worth $34,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of VYM. Clark Asset Management LLC grew its position in Vanguard High Dividend Yield ETF by 68.6% in the 1st quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock valued at $502,000 after acquiring an additional 1,585 shares during the last quarter. Wesbanco Bank Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 205.0% during the second quarter. Wesbanco Bank Inc. now owns 9,912 shares of the company’s stock valued at $1,321,000 after purchasing an additional 6,662 shares during the period. GAMMA Investing LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 12,965.2% in the first quarter. GAMMA Investing LLC now owns 59,708 shares of the company’s stock worth $7,700,000 after purchasing an additional 59,251 shares during the last quarter. Ironwood Wealth Management Inc. increased its stake in Vanguard High Dividend Yield ETF by 5.9% in the 1st quarter. Ironwood Wealth Management Inc. now owns 93,959 shares of the company’s stock worth $11,197,000 after buying an additional 5,220 shares during the period. Finally, Novem Group lifted its holdings in Vanguard High Dividend Yield ETF by 7.3% during the 1st quarter. Novem Group now owns 11,958 shares of the company’s stock valued at $1,542,000 after buying an additional 810 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $141.55 on Friday. The stock has a market cap of $65.54 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The firm has a 50-day moving average of $138.50 and a two-hundred day moving average of $131.91. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $142.22.

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.