Sage Financial Management Group Inc. Acquires 3,286 Shares of Vanguard High Dividend Yield ETF $VYM

Sage Financial Management Group Inc. lifted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,931 shares of the company’s stock after acquiring an additional 3,286 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 2.8% of Sage Financial Management Group Inc.’s holdings, making the stock its 12th biggest holding. Sage Financial Management Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $9,319,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dorato Capital Management purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth about $30,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter worth about $31,000. LRI Investments LLC raised its position in Vanguard High Dividend Yield ETF by 400.0% in the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after purchasing an additional 200 shares during the period. Grey Fox Wealth Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter worth about $39,000. Finally, Chilton Capital Management LLC raised its position in Vanguard High Dividend Yield ETF by 72.3% in the 3rd quarter. Chilton Capital Management LLC now owns 305 shares of the company’s stock worth $43,000 after purchasing an additional 128 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $155.64 on Thursday. Vanguard High Dividend Yield ETF has a 1-year low of $126.00 and a 1-year high of $157.48. The firm has a market capitalization of $76.34 billion, a P/E ratio of 17.79 and a beta of 0.73. The company’s 50-day moving average is $151.62 and its 200 day moving average is $148.42.

About Vanguard High Dividend Yield ETF

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.