Brookstone Capital Management Increases Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Brookstone Capital Management raised its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,805 shares of the company’s stock after purchasing an additional 1,010 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard High Dividend Yield ETF were worth $9,162,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. City State Bank increased its position in shares of Vanguard High Dividend Yield ETF by 4.3% during the fourth quarter. City State Bank now owns 51,403 shares of the company’s stock worth $6,559,000 after acquiring an additional 2,121 shares during the period. Fiduciary Alliance LLC increased its position in shares of Vanguard High Dividend Yield ETF by 89.6% during the fourth quarter. Fiduciary Alliance LLC now owns 5,624 shares of the company’s stock worth $718,000 after acquiring an additional 2,658 shares during the period. Winthrop Advisory Group LLC increased its position in shares of Vanguard High Dividend Yield ETF by 12.6% during the fourth quarter. Winthrop Advisory Group LLC now owns 7,776 shares of the company’s stock worth $992,000 after acquiring an additional 873 shares during the period. Lowe Wealth Advisors LLC increased its position in shares of Vanguard High Dividend Yield ETF by 2.3% during the fourth quarter. Lowe Wealth Advisors LLC now owns 26,437 shares of the company’s stock worth $3,373,000 after acquiring an additional 596 shares during the period. Finally, Sugarloaf Wealth Management LLC increased its position in shares of Vanguard High Dividend Yield ETF by 8.8% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 1,860 shares of the company’s stock worth $237,000 after acquiring an additional 151 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $127.20 on Tuesday. The firm has a market capitalization of $57.59 billion, a PE ratio of 15.88 and a beta of 0.70. The business’s fifty day moving average price is $130.57 and its 200 day moving average price is $126.92. Vanguard High Dividend Yield ETF has a 12 month low of $109.47 and a 12 month high of $135.07.

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.