BTS Asset Management Inc. Invests $332,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

BTS Asset Management Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 3rd quarter, Holdings Channel.com reports. The firm bought 2,591 shares of the company’s stock, valued at approximately $332,000. Vanguard High Dividend Yield ETF comprises approximately 0.3% of BTS Asset Management Inc.’s holdings, making the stock its 18th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Chris Bulman Inc purchased a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter worth about $26,000. Central Pacific Bank Trust Division purchased a new position in shares of Vanguard High Dividend Yield ETF in the first quarter valued at $27,000. Cultivar Capital Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter valued at $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the 1st quarter worth $44,000. Finally, Clean Yield Group acquired a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth $44,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $129.72 on Thursday. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $131.85. The company has a market capitalization of $58.74 billion, a PE ratio of 15.88 and a beta of 0.70. The business has a 50-day moving average of $127.08 and a 200-day moving average of $122.10.

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.