Madrid Wealth Management LLC Makes New $1.11 Million Investment in Vanguard High Dividend Yield ETF $VYM

Madrid Wealth Management LLC purchased a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,732 shares of the company’s stock, valued at approximately $1,110,000.

Several other large investors have also added to or reduced their stakes in the stock. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth about $316,679,000. Rakuten Investment Management Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at about $199,321,000. Cornerstone Planning Group LLC increased its position in shares of Vanguard High Dividend Yield ETF by 57,021.7% during the third quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock valued at $74,233,000 after buying an additional 525,740 shares during the period. Wellington Management Group LLP raised its stake in Vanguard High Dividend Yield ETF by 493.0% in the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock worth $84,110,000 after buying an additional 496,110 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 846.2% during the 3rd quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock worth $56,602,000 after acquiring an additional 359,136 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 1.7%

NYSEARCA VYM opened at $157.19 on Friday. The firm has a market capitalization of $77.10 billion, a PE ratio of 17.79 and a beta of 0.74. The stock’s 50 day moving average is $151.48 and its 200 day moving average is $147.56. Vanguard High Dividend Yield ETF has a twelve month low of $123.54 and a twelve month high of $157.35.

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.