Rooted Wealth Advisors Inc. Raises Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Rooted Wealth Advisors Inc. boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,651 shares of the company’s stock after purchasing an additional 2,812 shares during the quarter. Vanguard High Dividend Yield ETF comprises 2.8% of Rooted Wealth Advisors Inc.’s investment portfolio, making the stock its 12th biggest position. Rooted Wealth Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $7,110,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VYM. FSA Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the third quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $39,000. Wingate Wealth Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $39,000. Heck Capital Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $45,000. Finally, Highline Wealth Partners LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $45,000.

Vanguard High Dividend Yield ETF Trading Up 0.6 %

Shares of NYSEARCA VYM opened at $133.95 on Friday. The business has a 50-day moving average of $130.43 and a 200-day moving average of $128.60. The firm has a market capitalization of $60.65 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12 month low of $112.00 and a 12 month high of $135.07.

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.