Vanguard High Dividend Yield ETF $VYM Shares Bought by Wellspring Financial Advisors LLC

Wellspring Financial Advisors LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,787,908 shares of the company’s stock after purchasing an additional 15,677 shares during the quarter. Vanguard High Dividend Yield ETF comprises about 6.0% of Wellspring Financial Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Wellspring Financial Advisors LLC owned about 0.61% of Vanguard High Dividend Yield ETF worth $371,656,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VYM. Atwood & Palmer Inc. purchased a new position in Vanguard High Dividend Yield ETF during the second quarter worth about $26,000. Stone House Investment Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the first quarter worth approximately $27,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $27,000. Financial Management Professionals Inc. acquired a new position in Vanguard High Dividend Yield ETF during the second quarter worth approximately $31,000. Finally, Strategic Investment Solutions Inc. IL increased its position in Vanguard High Dividend Yield ETF by 92.0% during the second quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $35,000 after purchasing an additional 126 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 1.0%

Shares of VYM opened at $143.99 on Tuesday. The firm has a market cap of $67.32 billion, a PE ratio of 17.79 and a beta of 0.79. The company’s fifty day moving average is $140.96 and its two-hundred day moving average is $136.87. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $145.44.

About Vanguard High Dividend Yield ETF

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.