Independent Wealth Network Inc. Has $2.41 Million Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Independent Wealth Network Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,656 shares of the company’s stock after purchasing an additional 520 shares during the period. Vanguard High Dividend Yield ETF accounts for about 1.0% of Independent Wealth Network Inc.’s investment portfolio, making the stock its 24th biggest holding. Independent Wealth Network Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $2,406,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Clark Asset Management LLC increased its stake in Vanguard High Dividend Yield ETF by 68.6% during the 1st quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock worth $502,000 after acquiring an additional 1,585 shares during the period. BNP Paribas Financial Markets increased its stake in Vanguard High Dividend Yield ETF by 214,700.0% during the 4th quarter. BNP Paribas Financial Markets now owns 2,148 shares of the company’s stock worth $274,000 after acquiring an additional 2,147 shares during the period. First Trust Advisors LP bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $1,225,000. GAMMA Investing LLC increased its stake 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 worth $7,700,000 after acquiring an additional 59,251 shares during the period. Finally, ARQ Wealth Advisors LLC increased its stake 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 worth $2,198,000 after acquiring an additional 1,539 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $135.02 on Friday. The stock’s fifty day moving average price is $131.11 and its two-hundred day moving average price is $129.15. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $135.97. The firm has a market cap of $61.92 billion, a PE ratio of 17.79 and a beta of 0.84.

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.