Spire Wealth Management Has $1.44 Million Stock Holdings in Vanguard High Dividend Yield ETF $VYM

Spire Wealth Management cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 22.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,832 shares of the company’s stock after selling 3,105 shares during the period. Spire Wealth Management’s holdings in Vanguard High Dividend Yield ETF were worth $1,444,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VYM. Atwood & Palmer Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $26,000. Stone House Investment Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $27,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $27,000. Financial Management Professionals Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $31,000. Finally, Strategic Investment Solutions Inc. IL lifted its position in shares of Vanguard High Dividend Yield ETF by 92.0% in the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $35,000 after purchasing an additional 126 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM opened at $140.58 on Friday. The company has a market capitalization of $65.73 billion, a P/E ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $142.49. The company’s 50 day moving average price is $140.39 and its 200-day moving average price is $134.20.

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.