SFG Wealth Management LLC. Raises Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

SFG Wealth Management LLC. grew its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.1% during the first quarter, HoldingsChannel.com reports. The fund owned 2,238 shares of the company’s stock after buying an additional 88 shares during the quarter. SFG Wealth Management LLC.’s holdings in Vanguard High Dividend Yield ETF were worth $289,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in VYM. Runnymede Capital Advisors Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $34,000. Pillar Financial Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $41,000. Heck Capital Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $45,000. Moser Wealth Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 70.4% in the first quarter. Moser Wealth Advisors LLC now owns 363 shares of the company’s stock worth $47,000 after acquiring an additional 150 shares during the period. Finally, State Farm Mutual Automobile Insurance Co. purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at $49,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $130.99 on Thursday. The stock’s 50-day simple moving average is $127.54 and its two-hundred day simple moving average is $128.60. The stock has a market capitalization of $60.33 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $135.10.

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.