PUREfi Wealth LLC Invests $1.31 Million in Vanguard High Dividend Yield ETF $VYM

PUREfi Wealth LLC acquired a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 9,825 shares of the company’s stock, valued at approximately $1,310,000. Vanguard High Dividend Yield ETF comprises about 1.0% of PUREfi Wealth LLC’s holdings, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of VYM. Brighton Jones LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 23.3% in the fourth quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after acquiring an additional 3,177 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 12,965.2% in the first quarter. GAMMA Investing LLC now owns 59,708 shares of the company’s stock worth $7,700,000 after acquiring an additional 59,251 shares during the last quarter. Clark Asset Management LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 68.6% in the first quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock worth $502,000 after acquiring an additional 1,585 shares during the last quarter. FFG Retirement Advisors LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 10.5% in the first quarter. FFG Retirement Advisors LLC now owns 43,971 shares of the company’s stock worth $5,670,000 after acquiring an additional 4,195 shares during the last quarter. Finally, Wedmont Private Capital grew its stake in shares of Vanguard High Dividend Yield ETF by 6.1% in the first quarter. Wedmont Private Capital now owns 25,254 shares of the company’s stock worth $3,056,000 after acquiring an additional 1,447 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.5%

Shares of Vanguard High Dividend Yield ETF stock opened at $141.55 on Monday. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $142.22. The company’s fifty day simple moving average is $138.50 and its 200-day simple moving average is $131.92. The company has a market cap of $65.54 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

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.