Merit Financial Group LLC Raises Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Merit Financial Group LLC lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 134,359 shares of the company’s stock after buying an additional 7,520 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $17,143,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Edgestream Partners L.P. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at $235,000. Brighton Jones LLC boosted its stake in Vanguard High Dividend Yield ETF by 8.8% in the 2nd quarter. Brighton Jones LLC now owns 13,642 shares of the company’s stock worth $1,618,000 after buying an additional 1,108 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in Vanguard High Dividend Yield ETF by 1.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 30,467 shares of the company’s stock valued at $3,613,000 after buying an additional 353 shares during the period. Joseph Group Capital Management grew its holdings in Vanguard High Dividend Yield ETF by 1.5% in the 2nd quarter. Joseph Group Capital Management now owns 15,576 shares of the company’s stock valued at $1,847,000 after buying an additional 236 shares during the period. Finally, AE Wealth Management LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 9.9% during the 2nd quarter. AE Wealth Management LLC now owns 196,232 shares of the company’s stock worth $23,273,000 after acquiring an additional 17,612 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $131.69 on Friday. Vanguard High Dividend Yield ETF has a 1 year low of $109.47 and a 1 year high of $135.07. The firm has a 50 day moving average price of $130.49 and a 200 day moving average price of $127.03. The company has a market cap of $59.63 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF 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.