Newbridge Financial Services Group Inc. Makes New Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Newbridge Financial Services Group Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 416 shares of the company’s stock, valued at approximately $53,000.

Other hedge funds also recently made changes to their positions in the company. FSA Wealth Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the third quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $39,000. Highline Wealth Partners LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the third quarter worth about $45,000. Heck Capital Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $45,000. Finally, GAMMA Investing LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 352.5% during the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock worth $59,000 after buying an additional 356 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

NYSEARCA VYM opened at $133.81 on Wednesday. Vanguard High Dividend Yield ETF has a 52-week low of $111.31 and a 52-week high of $135.07. The business’s 50-day moving average price is $130.41 and its 200 day moving average price is $128.50. The firm has a market cap of $60.59 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.