Meridian Wealth Management LLC Has $4.61 Million Position in Vanguard High Dividend Yield ETF $VYM

Meridian Wealth Management LLC boosted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 27.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,106 shares of the company’s stock after acquiring an additional 6,994 shares during the quarter. Meridian Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $4,608,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VYM. Fortem Financial Group LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 8.5% in the 4th quarter. Fortem Financial Group LLC now owns 1,736 shares of the company’s stock worth $249,000 after buying an additional 136 shares in the last quarter. 49 Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at $344,000. Sloy Dahl & Holst LLC bought a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at $203,000. United Services Automobile Association grew its position in Vanguard High Dividend Yield ETF by 57.9% in the fourth quarter. United Services Automobile Association now owns 336,132 shares of the company’s stock valued at $48,242,000 after acquiring an additional 123,278 shares during the period. Finally, Ballast Rock Private Wealth LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $641,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM opened at $155.81 on Tuesday. Vanguard High Dividend Yield ETF has a 52-week low of $126.00 and a 52-week high of $157.48. The business has a fifty day moving average of $151.59 and a two-hundred day moving average of $148.21. The stock has a market cap of $76.42 billion, a PE ratio of 17.79 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.