Arkadios Wealth Advisors Boosts Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Arkadios Wealth Advisors raised its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 30.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,193 shares of the company’s stock after purchasing an additional 3,737 shares during the period. Arkadios Wealth Advisors’ holdings in Vanguard High Dividend Yield ETF were worth $2,066,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VYM. FSA Wealth Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $39,000. Highline Wealth Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at about $45,000. GAMMA Investing LLC raised its position in shares of Vanguard High Dividend Yield ETF by 352.5% in the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after buying an additional 356 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at about $64,000.

Vanguard High Dividend Yield ETF Stock Up 0.7 %

Shares of NYSEARCA VYM opened at $131.69 on Friday. The firm has a 50-day simple moving average of $130.47 and a 200-day simple moving average of $127.12. The stock has a market capitalization of $59.63 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52 week low of $109.47 and a 52 week 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.