Alpha Cubed Investments LLC Buys 448 Shares of Vanguard High Dividend Yield ETF $VYM

Alpha Cubed Investments LLC increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 23,246 shares of the company’s stock after purchasing an additional 448 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,099,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Wesbanco Bank Inc. grew its position in Vanguard High Dividend Yield ETF by 205.0% during the 2nd quarter. Wesbanco Bank Inc. now owns 9,912 shares of the company’s stock worth $1,321,000 after purchasing an additional 6,662 shares during the last quarter. Richards Merrill & Peterson Inc. lifted its stake in shares of Vanguard High Dividend Yield ETF by 8.9% during the second quarter. Richards Merrill & Peterson Inc. now owns 6,552 shares of the company’s stock worth $873,000 after buying an additional 534 shares during the period. LJI Wealth Management LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 1.6% during the second quarter. LJI Wealth Management LLC now owns 10,199 shares of the company’s stock worth $1,360,000 after buying an additional 163 shares during the period. Sovereign Financial Group Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 4.4% during the second quarter. Sovereign Financial Group Inc. now owns 41,610 shares of the company’s stock valued at $5,547,000 after buying an additional 1,762 shares during the last quarter. Finally, Wealth Advisory Team LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $6,764,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $140.27 on Monday. The stock has a 50-day moving average of $140.47 and a two-hundred day moving average of $135.05. The stock has a market cap of $65.58 billion, a P/E ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $142.49.

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.