Mission Wealth Management LP Has $6.91 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Mission Wealth Management LP raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 61,861 shares of the company’s stock after acquiring an additional 3,862 shares during the quarter. Mission Wealth Management LP’s holdings in Vanguard High Dividend Yield ETF were worth $6,906,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Providence Capital Advisors LLC bought a new position in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $25,000. Halpern Financial Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $34,000. BluePath Capital Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the third quarter worth $39,000. Fortitude Family Office LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $45,000. Finally, Valley Wealth Managers Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the third quarter worth $47,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM traded down $1.52 during midday trading on Tuesday, reaching $116.47. 835,428 shares of the stock were exchanged, compared to its average volume of 1,114,603. The business has a 50-day simple moving average of $117.47 and a two-hundred day simple moving average of $111.53. The company has a market capitalization of $52.74 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.29.

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.