Confluence Wealth Services Inc. Purchases 2,826 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Confluence Wealth Services Inc. raised its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 14.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,999 shares of the company’s stock after purchasing an additional 2,826 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $3,059,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FSA Wealth Management LLC purchased a new stake in Vanguard High Dividend Yield ETF in the third quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $39,000. Highline Wealth Partners LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at approximately $45,000. Heck Capital Advisors LLC bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $45,000. Finally, GAMMA Investing LLC increased its holdings in Vanguard High Dividend Yield ETF by 352.5% during the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock worth $59,000 after purchasing an additional 356 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.2 %

VYM opened at $132.15 on Wednesday. The company has a market capitalization of $59.84 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12-month low of $111.31 and a 12-month high of $135.07. The business’s fifty day simple moving average is $130.52 and its 200-day simple moving average is $128.19.

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.