ZEGA Investments LLC Invests $922,000 in Vanguard High Dividend Yield ETF $VYM

ZEGA Investments LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 6,538 shares of the company’s stock, valued at approximately $922,000.

Several other hedge funds have also modified their holdings of VYM. Gallagher Fiduciary Advisors LLC grew its position in Vanguard High Dividend Yield ETF by 12,273.0% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock valued at $1,064,039,000 after acquiring an additional 7,917,178 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 2.4% in the second quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock valued at $998,634,000 after purchasing an additional 178,904 shares during the period. Envestnet Asset Management Inc. grew its holdings in Vanguard High Dividend Yield ETF by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock valued at $622,955,000 after purchasing an additional 149,645 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Vanguard High Dividend Yield ETF by 3.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,955,135 shares of the company’s stock worth $527,659,000 after buying an additional 138,262 shares during the period. Finally, Wellspring Financial Advisors LLC increased its stake in Vanguard High Dividend Yield ETF by 0.6% during the 2nd quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock worth $371,656,000 after buying an additional 15,677 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $147.64 on Tuesday. The company’s fifty day moving average price is $143.63 and its two-hundred day moving average price is $140.10. The firm has a market capitalization of $70.95 billion, a P/E ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $147.88.

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.