Glassman Wealth Services Purchases 13,746 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Glassman Wealth Services grew its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 49,092.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,774 shares of the company’s stock after purchasing an additional 13,746 shares during the quarter. Glassman Wealth Services’ holdings in Vanguard High Dividend Yield ETF were worth $1,538,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VYM. International Assets Investment Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $254,023,000. Pathstone Family Office LLC increased its position in Vanguard High Dividend Yield ETF by 1,737.7% in the third quarter. Pathstone Family Office LLC now owns 1,502,345 shares of the company’s stock worth $155,233,000 after purchasing an additional 1,420,593 shares during the last quarter. BKM Wealth Management LLC bought a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth $717,000. Arlington Trust Co LLC increased its position in Vanguard High Dividend Yield ETF by 456.6% in the fourth quarter. Arlington Trust Co LLC now owns 456,274 shares of the company’s stock worth $50,934,000 after purchasing an additional 374,301 shares during the last quarter. Finally, LPL Financial LLC increased its position in Vanguard High Dividend Yield ETF by 6.1% in the third quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock worth $532,326,000 after purchasing an additional 298,137 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.3 %

VYM traded up $0.41 during trading hours on Friday, hitting $119.38. The company’s stock had a trading volume of 501,715 shares, compared to its average volume of 1,041,609. The business’s 50-day moving average price is $118.56 and its 200-day moving average price is $113.78. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.64. The stock has a market cap of $54.05 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.