AE Wealth Management LLC Boosts Stake in Vanguard High Dividend Yield ETF $VYM

AE Wealth Management LLC increased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 202,690 shares of the company’s stock after purchasing an additional 8,401 shares during the quarter. AE Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $28,569,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at $31,000. Kiker Wealth Management LLC purchased a new position in Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $35,000. Nvwm LLC purchased a new position in Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $35,000. GFG Capital LLC bought a new stake in Vanguard High Dividend Yield ETF during the second quarter worth about $36,000. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF in the third quarter worth about $39,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM opened at $148.69 on Thursday. The company has a 50 day simple moving average of $145.49 and a two-hundred day simple moving average of $141.20. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $149.23. The company has a market capitalization of $71.46 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

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.