Spreng Capital Management Inc. Has $8.70 Million Stock Position in Vanguard High Dividend Yield ETF $VYM

Spreng Capital Management Inc. raised its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,270 shares of the company’s stock after acquiring an additional 1,575 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 3.6% of Spreng Capital Management Inc.’s holdings, making the stock its 6th biggest holding. Spreng Capital Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $8,701,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Atwood & Palmer Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $26,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $27,000. Stone House Investment Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $27,000. Financial Management Professionals Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $31,000. Finally, Kiker Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $35,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $140.11 on Friday. The stock has a market capitalization of $65.51 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $142.22. The business’s 50 day simple moving average is $139.57 and its 200-day simple moving average is $132.66.

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.