Wetzel Investment Advisors Inc. Invests $577,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wetzel Investment Advisors Inc. purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 5,172 shares of the company’s stock, valued at approximately $577,000.

Other large investors have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC raised its stake in Vanguard High Dividend Yield ETF by 110,970.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 394,835,570 shares of the company’s stock worth $42,725,157,000 after acquiring an additional 394,480,089 shares during the period. Sumitomo Life Insurance Co. boosted its holdings in Vanguard High Dividend Yield ETF by 81.5% during the third quarter. Sumitomo Life Insurance Co. now owns 18,483,322 shares of the company’s stock worth $1,966,803,000 after buying an additional 8,298,820 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $254,023,000. Pathstone Family Office LLC boosted its stake in Vanguard High Dividend Yield ETF by 1,737.7% in the 3rd quarter. Pathstone Family Office LLC now owns 1,502,345 shares of the company’s stock worth $155,233,000 after purchasing an additional 1,420,593 shares during the period. Finally, Meiji Yasuda Life Insurance Co acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter valued at $128,190,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock traded up $0.96 during midday trading on Friday, reaching $115.93. 1,042,991 shares of the company’s stock traded hands, compared to its average volume of 1,147,445. The company has a market cap of $52.49 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $121.29. The company’s 50 day simple moving average is $116.97 and its 200 day simple moving average is $110.74.

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.