Hicks Capital Management LLC Invests $2.69 Million in Vanguard High Dividend Yield ETF $VYM

Hicks Capital Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,089 shares of the company’s stock, valued at approximately $2,691,000. Vanguard High Dividend Yield ETF accounts for 4.4% of Hicks Capital Management LLC’s portfolio, making the stock its 6th biggest position.

Several other large investors have also made changes to their positions in the company. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $31,000. Kiker Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter valued at $35,000. Nvwm LLC acquired a new position in Vanguard High Dividend Yield ETF in the second quarter worth $35,000. GFG Capital LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth $36,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter worth $39,000.

Vanguard High Dividend Yield ETF Stock Up 0.5%

Shares of NYSEARCA VYM opened at $149.48 on Friday. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $150.50. The firm’s 50-day simple moving average is $145.71 and its 200 day simple moving average is $141.25. The company has a market cap of $71.84 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

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.