Wetzel Investment Advisors Inc. Purchases New Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wetzel Investment Advisors Inc. bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,172 shares of the company’s stock, valued at approximately $577,000.

Several other institutional investors have also recently bought and sold shares of VYM. Providence Capital Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $25,000. Sunbelt Securities Inc. bought a new stake in Vanguard High Dividend Yield ETF in the first quarter valued at approximately $32,000. Halpern Financial Inc. bought a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $34,000. BluePath Capital Management LLC bought a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $39,000. Finally, Fortitude Family Office LLC acquired a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $45,000.

Vanguard High Dividend Yield ETF Stock Up 0.8 %

VYM traded up $0.96 during trading on Friday, hitting $115.93. The company’s stock had a trading volume of 1,042,991 shares, compared to its average volume of 1,147,445. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $121.29. The stock’s fifty day moving average price is $116.97 and its 200-day moving average price is $110.74. The firm has a market capitalization of $52.49 billion, a P/E ratio of 15.82 and a beta of 0.73.

Vanguard High Dividend Yield ETF Company 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.