Steele Capital Management Inc. Purchases 1,768 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Steele Capital Management Inc. boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 116,141 shares of the company’s stock after acquiring an additional 1,768 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 0.8% of Steele Capital Management Inc.’s portfolio, making the stock its 27th largest holding. Steele Capital Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $14,978,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its stake in Vanguard High Dividend Yield ETF by 214,700.0% in the 4th quarter. BNP Paribas Financial Markets now owns 2,148 shares of the company’s stock valued at $274,000 after acquiring an additional 2,147 shares during the period. First Trust Advisors LP purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $1,225,000. GAMMA Investing LLC grew its holdings in Vanguard High Dividend Yield ETF by 12,965.2% during the 1st quarter. GAMMA Investing LLC now owns 59,708 shares of the company’s stock valued at $7,700,000 after buying an additional 59,251 shares in the last quarter. ARQ Wealth Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF by 9.8% during the 4th quarter. ARQ Wealth Advisors LLC now owns 17,226 shares of the company’s stock valued at $2,198,000 after buying an additional 1,539 shares in the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $2,588,000.

Vanguard High Dividend Yield ETF Stock Down 1.0%

VYM stock opened at $130.54 on Friday. The firm has a market capitalization of $59.58 billion, a PE ratio of 18.75 and a beta of 0.79. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $135.10. The stock has a 50-day simple moving average of $125.94 and a two-hundred day simple moving average of $128.77.

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.