Merit Financial Group LLC Increases Stake in Vanguard High Dividend Yield ETF $VYM

Merit Financial Group LLC lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 271,703 shares of the company’s stock after purchasing an additional 11,821 shares during the period. Merit Financial Group LLC owned about 0.06% of Vanguard High Dividend Yield ETF worth $38,297,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VYM. Brighton Jones LLC raised its position in Vanguard High Dividend Yield ETF by 23.3% during the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after purchasing an additional 3,177 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 314.5% during the 1st quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after purchasing an additional 21,713 shares in the last quarter. Chicago Partners Investment Group LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 3.7% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 28,485 shares of the company’s stock worth $3,893,000 after acquiring an additional 1,028 shares during the period. Calamos Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $348,000. Finally, Balboa Wealth Partners lifted its position in Vanguard High Dividend Yield ETF by 131.3% during the second quarter. Balboa Wealth Partners now owns 10,854 shares of the company’s stock valued at $1,447,000 after buying an additional 6,162 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $155.37 on Tuesday. The firm’s 50-day moving average price is $148.11 and its 200-day moving average price is $142.91. The company has a market capitalization of $74.67 billion, a PE ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $157.29.

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.