Next Level Wealth Planning LLC Invests $624,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Next Level Wealth Planning LLC purchased a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, HoldingsChannel reports. The firm purchased 4,892 shares of the company’s stock, valued at approximately $624,000. Vanguard High Dividend Yield ETF accounts for about 0.5% of Next Level Wealth Planning LLC’s investment portfolio, making the stock its 17th largest position.

A number of other hedge funds have also recently made changes to their positions in the stock. Tanglewood Legacy Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF by 8.9% during the 4th quarter. Tanglewood Legacy Advisors LLC now owns 4,463 shares of the company’s stock worth $569,000 after acquiring an additional 363 shares in the last quarter. Guyasuta Investment Advisors Inc. grew its holdings in Vanguard High Dividend Yield ETF by 2.8% during the 4th quarter. Guyasuta Investment Advisors Inc. now owns 25,568 shares of the company’s stock worth $3,262,000 after acquiring an additional 700 shares in the last quarter. Hickory Asset Management Inc. bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth about $4,764,000. Aveo Capital Partners LLC grew its holdings in Vanguard High Dividend Yield ETF by 95.6% during the 4th quarter. Aveo Capital Partners LLC now owns 5,120 shares of the company’s stock worth $653,000 after acquiring an additional 2,503 shares in the last quarter. Finally, Accretive Wealth Partners LLC grew its holdings in Vanguard High Dividend Yield ETF by 0.7% during the 4th quarter. Accretive Wealth Partners LLC now owns 69,693 shares of the company’s stock worth $8,892,000 after acquiring an additional 486 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $133.77 on Friday. The stock has a market cap of $60.57 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm’s 50-day moving average is $130.47 and its two-hundred day moving average is $128.71. Vanguard High Dividend Yield ETF has a 1 year low of $113.00 and a 1 year high of $135.07.

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.