Sherman Wealth Management LLC Makes New Investment in Vanguard High Dividend Yield ETF $VYM

Sherman Wealth Management LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, Holdings Channel.com reports. The firm bought 51,342 shares of the company’s stock, valued at approximately $7,237,000. Vanguard High Dividend Yield ETF accounts for 7.2% of Sherman Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding.

Several other large investors have also modified their holdings of VYM. McAdam LLC increased its position in shares of Vanguard High Dividend Yield ETF by 2.0% during the 3rd quarter. McAdam LLC now owns 3,692 shares of the company’s stock worth $520,000 after purchasing an additional 71 shares during the last quarter. Sage Financial Group Inc. lifted its position in Vanguard High Dividend Yield ETF by 2.1% in the third quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock valued at $505,000 after buying an additional 72 shares during the last quarter. Keystone Financial Group lifted its position in Vanguard High Dividend Yield ETF by 0.5% in the third quarter. Keystone Financial Group now owns 16,051 shares of the company’s stock valued at $2,262,000 after buying an additional 73 shares during the last quarter. CWA Asset Management Group LLC boosted its stake in Vanguard High Dividend Yield ETF by 2.4% during the third quarter. CWA Asset Management Group LLC now owns 3,155 shares of the company’s stock worth $445,000 after buying an additional 74 shares during the period. Finally, Axxcess Wealth Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 1.0% during the third quarter. Axxcess Wealth Management LLC now owns 7,761 shares of the company’s stock worth $1,094,000 after buying an additional 74 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $145.70 on Friday. The firm has a 50-day simple moving average of $151.30 and a two-hundred day simple moving average of $145.62. The stock has a market cap of $70.02 billion, a PE ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $157.29.

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.