KFA Private Wealth Group LLC Invests $209,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

KFA Private Wealth Group LLC purchased a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, HoldingsChannel reports. The firm purchased 1,877 shares of the company’s stock, valued at approximately $209,000.

A number of other hedge funds have also recently made changes to their positions in VYM. Sumitomo Life Insurance Co. lifted its stake in Vanguard High Dividend Yield ETF by 81.5% in the third quarter. Sumitomo Life Insurance Co. now owns 18,483,322 shares of the company’s stock worth $1,966,803,000 after acquiring an additional 8,298,820 shares during the period. LPL Financial LLC lifted its stake in Vanguard High Dividend Yield ETF by 6.1% in the third quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock worth $532,326,000 after acquiring an additional 298,137 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in Vanguard High Dividend Yield ETF by 2.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 4,059,220 shares of the company’s stock worth $453,131,000 after acquiring an additional 115,272 shares during the period. UBS Group AG lifted its stake in Vanguard High Dividend Yield ETF by 4.7% in the third quarter. UBS Group AG now owns 3,248,365 shares of the company’s stock worth $335,621,000 after acquiring an additional 145,946 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth about $254,023,000.

Vanguard High Dividend Yield ETF Stock Down 0.2 %

NYSEARCA:VYM traded down $0.23 during mid-day trading on Friday, reaching $117.37. The company’s stock had a trading volume of 552,714 shares, compared to its average volume of 1,123,236. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $121.29. The stock has a fifty day moving average of $117.38 and a 200-day moving average of $111.30. The firm has a market capitalization of $53.14 billion, a PE ratio of 15.82 and a beta of 0.73.

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.