Sage Financial Management Group Inc. Buys New Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Sage Financial Management Group Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 61,337 shares of the company’s stock, valued at approximately $7,863,000. Vanguard High Dividend Yield ETF makes up approximately 3.0% of Sage Financial Management Group Inc.’s portfolio, making the stock its 12th biggest holding.

Several other hedge funds have also recently bought and sold shares of the stock. Fisher Asset Management LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 61.3% during the fourth quarter. Fisher Asset Management LLC now owns 10,503 shares of the company’s stock worth $1,173,000 after purchasing an additional 3,993 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 3,230,426 shares of the company’s stock valued at $360,612,000 after acquiring an additional 9,362 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in Vanguard High Dividend Yield ETF in the first quarter valued at about $221,000. &PARTNERS boosted its holdings in Vanguard High Dividend Yield ETF by 175.7% during the first quarter. &PARTNERS now owns 8,299 shares of the company’s stock worth $1,059,000 after buying an additional 5,289 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in Vanguard High Dividend Yield ETF by 2.5% during the first quarter. International Assets Investment Management LLC now owns 20,885 shares of the company’s stock worth $2,517,000 after buying an additional 500 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $131.43 on Friday. The firm has a market cap of $59.51 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock’s 50-day moving average is $126.54 and its 200-day moving average is $121.86. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $131.85.

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.