ACT Wealth Management LLC Buys 6,495 Shares of Vanguard High Dividend Yield ETF $VYM

ACT Wealth Management LLC boosted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 270,704 shares of the company’s stock after buying an additional 6,495 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 12.7% of ACT Wealth Management LLC’s holdings, making the stock its 2nd biggest position. ACT Wealth Management LLC owned approximately 0.06% of Vanguard High Dividend Yield ETF worth $38,851,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Vanguard High Dividend Yield ETF in the third quarter valued at about $31,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $39,000. Clayton Financial Group LLC acquired a new position in Vanguard High Dividend Yield ETF in the third quarter worth approximately $41,000. Hemington Wealth Management acquired a new position in Vanguard High Dividend Yield ETF in the third quarter worth approximately $42,000. Finally, Chilton Capital Management LLC raised its position in Vanguard High Dividend Yield ETF by 72.3% during the third quarter. Chilton Capital Management LLC now owns 305 shares of the company’s stock valued at $43,000 after acquiring an additional 128 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 1.8%

NYSEARCA VYM opened at $148.10 on Wednesday. The stock has a market capitalization of $71.18 billion, a PE ratio of 17.79 and a beta of 0.79. The company has a 50 day moving average price of $151.27 and a two-hundred day moving average price of $145.77. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $157.29.

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.