Montz Harcus Wealth Management LLC Has $7.87 Million Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Montz Harcus Wealth Management LLC lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 61,021 shares of the company’s stock after buying an additional 609 shares during the period. Vanguard High Dividend Yield ETF accounts for 4.3% of Montz Harcus Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Montz Harcus Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $7,869,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Valley Wealth Managers Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after acquiring an additional 192 shares in the last quarter. Runnymede Capital Advisors Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $34,000. Pillar Financial Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $41,000. Heck Capital Advisors LLC bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth about $45,000. Finally, Centricity Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth about $48,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $130.28 on Thursday. The company has a market capitalization of $59.46 billion, a PE ratio of 18.75 and a beta of 0.79. The company has a 50-day simple moving average of $126.57 and a two-hundred day simple moving average of $128.69. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $135.10.

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.