Benjamin Edwards Inc. Invests $4 Million in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Benjamin Edwards Inc. bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 31,180 shares of the company’s stock, valued at approximately $3,997,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Chris Bulman Inc acquired a new position in Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $26,000. FSA Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the third quarter worth approximately $26,000. Cultivar Capital Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $36,000. Highline Wealth Partners LLC bought a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter valued at $45,000. Finally, Ridgewood Investments LLC acquired a new position in Vanguard High Dividend Yield ETF in the 2nd quarter valued at $49,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $133.42 on Wednesday. The stock has a fifty day moving average of $130.41 and a 200-day moving average of $124.88. The company has a market capitalization of $60.41 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $106.87 and a fifty-two week high of $135.07.

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.