Focus Financial Network Inc. Purchases 4,046 Shares of Vanguard High Dividend Yield ETF $VYM

Focus Financial Network Inc. boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 215,615 shares of the company’s stock after purchasing an additional 4,046 shares during the quarter. Vanguard High Dividend Yield ETF comprises 1.1% of Focus Financial Network Inc.’s investment portfolio, making the stock its 17th biggest position. Focus Financial Network Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $30,391,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Atwood & Palmer Inc. bought a new stake in Vanguard High Dividend Yield ETF during the second quarter valued at $26,000. Moisand Fitzgerald Tamayo LLC bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $27,000. Financial Management Professionals Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $31,000. Strategic Investment Solutions Inc. IL boosted its position in shares of Vanguard High Dividend Yield ETF by 92.0% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $35,000 after acquiring an additional 126 shares during the last quarter. Finally, Kiker Wealth Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth about $35,000.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $143.33 on Friday. The firm has a 50 day simple moving average of $142.21 and a two-hundred day simple moving average of $138.35. The stock has a market cap of $67.01 billion, a PE ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $147.88.

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.