ACT Wealth Management LLC Has $29.27 Million Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

ACT Wealth Management LLC increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 2.0% in the first quarter, HoldingsChannel reports. The fund owned 241,933 shares of the company’s stock after purchasing an additional 4,717 shares during the period. Vanguard High Dividend Yield ETF makes up about 14.8% of ACT Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. ACT Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $29,272,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Robertson Stephens Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF during the 3rd quarter valued at approximately $376,000. Glenview Trust co raised its position in Vanguard High Dividend Yield ETF by 23.2% during the 3rd quarter. Glenview Trust co now owns 7,133 shares of the company’s stock valued at $737,000 after purchasing an additional 1,341 shares during the last quarter. Pinnacle Financial Group LLC IL raised its position in Vanguard High Dividend Yield ETF by 0.7% during the 3rd quarter. Pinnacle Financial Group LLC IL now owns 60,618 shares of the company’s stock valued at $6,263,000 after purchasing an additional 392 shares during the last quarter. PAX Financial Group LLC raised its position in Vanguard High Dividend Yield ETF by 15.8% during the 3rd quarter. PAX Financial Group LLC now owns 38,549 shares of the company’s stock valued at $3,983,000 after purchasing an additional 5,248 shares during the last quarter. Finally, Graves Light Lenhart Wealth Inc. raised its position in Vanguard High Dividend Yield ETF by 0.9% during the 3rd quarter. Graves Light Lenhart Wealth Inc. now owns 219,907 shares of the company’s stock valued at $22,279,000 after purchasing an additional 1,947 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM traded up $0.37 during midday trading on Thursday, reaching $120.18. 896,824 shares of the company’s stock traded hands, compared to its average volume of 992,756. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $121.64. The stock has a market capitalization of $54.42 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm has a fifty day moving average of $118.48 and a two-hundred day moving average of $115.57.

Vanguard High Dividend Yield ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report).

Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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