Good Life Advisors LLC Increases Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Good Life Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 356.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,122 shares of the company’s stock after buying an additional 12,590 shares during the period. Good Life Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,057,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VYM. FSA Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the third quarter worth approximately $26,000. Valley Wealth Managers Inc. boosted its position in shares of Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after purchasing an additional 192 shares during the period. Decker Retirement Planning Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $39,000. Wingate Wealth Advisors Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $39,000. Finally, Highline Wealth Partners LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the third quarter worth approximately $45,000.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $134.50 on Wednesday. The company has a 50 day simple moving average of $130.57 and a two-hundred day simple moving average of $128.96. Vanguard High Dividend Yield ETF has a 1-year low of $113.66 and a 1-year high of $135.07. The firm has a market cap of $60.90 billion, a P/E 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.