Prospera Financial Services Inc Buys 302 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Prospera Financial Services Inc grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,636 shares of the company’s stock after purchasing an additional 302 shares during the quarter. Prospera Financial Services Inc’s holdings in Vanguard High Dividend Yield ETF were worth $3,935,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VYM. Chris Bulman Inc purchased a new position in Vanguard High Dividend Yield ETF during the 2nd quarter worth $26,000. Cultivar Capital Inc. bought a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $36,000. Clean Yield Group bought a new stake in Vanguard High Dividend Yield ETF in the 1st quarter worth about $44,000. Highline Wealth Partners LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $45,000. Finally, Ridgewood Investments LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $49,000.

Vanguard High Dividend Yield ETF Trading Down 0.4 %

Shares of VYM opened at $130.78 on Wednesday. The stock has a 50 day moving average of $129.00 and a 200 day moving average of $123.90. Vanguard High Dividend Yield ETF has a 12 month low of $104.87 and a 12 month high of $133.45. The company has a market capitalization of $59.22 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.