Newbridge Financial Services Group Inc. Acquires New Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Newbridge Financial Services Group Inc. acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 416 shares of the company’s stock, valued at approximately $53,000.

A number of other hedge funds have also recently added to or reduced their stakes in VYM. FSA Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $39,000. Highline Wealth Partners LLC acquired a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at about $45,000. Heck Capital Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $45,000. Finally, GAMMA Investing LLC lifted its position in Vanguard High Dividend Yield ETF by 352.5% in the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after purchasing an additional 356 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

Shares of NYSEARCA:VYM opened at $133.81 on Wednesday. The company has a market cap of $60.59 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52 week low of $111.31 and a 52 week high of $135.07. The company has a 50-day moving average price of $130.41 and a 200 day moving average price of $128.50.

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.