B. Riley Wealth Advisors Inc. Invests $1.43 Million in Vanguard High Dividend Yield ETF $VYM

B. Riley Wealth Advisors Inc. purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,735 shares of the company’s stock, valued at approximately $1,431,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Atwood & Palmer Inc. acquired a new position in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $26,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $27,000. Financial Management Professionals Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth $31,000. Strategic Investment Solutions Inc. IL grew its stake in shares of 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 period. Finally, Kiker Wealth Management LLC bought a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at about $35,000.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $145.90 on Tuesday. The company’s 50 day simple moving average is $141.89 and its 200 day simple moving average is $138.07. The firm has a market capitalization of $68.22 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $147.88.

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.