Goelzer Investment Management Inc. Invests $236,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Goelzer Investment Management Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,841 shares of the company’s stock, valued at approximately $236,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Seneca House Advisors raised its position in shares of Vanguard High Dividend Yield ETF by 7.2% in the 3rd quarter. Seneca House Advisors now owns 22,443 shares of the company’s stock worth $2,877,000 after acquiring an additional 1,506 shares in the last quarter. McNaughton Wealth Management LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 1.5% during the 3rd quarter. McNaughton Wealth Management LLC now owns 106,971 shares of the company’s stock valued at $13,714,000 after buying an additional 1,595 shares during the last quarter. Private Client Services LLC lifted its holdings in Vanguard High Dividend Yield ETF by 2.7% in the third quarter. Private Client Services LLC now owns 4,031 shares of the company’s stock valued at $517,000 after acquiring an additional 107 shares during the period. Apella Capital LLC raised its position in shares of Vanguard High Dividend Yield ETF by 6.7% in the third quarter. Apella Capital LLC now owns 6,272 shares of the company’s stock worth $803,000 after acquiring an additional 396 shares during the period. Finally, Park Avenue Securities LLC increased its position in shares of Vanguard High Dividend Yield ETF by 2.5% in the third quarter. Park Avenue Securities LLC now owns 64,062 shares of the company’s stock valued at $8,213,000 after buying an additional 1,556 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $128.68 on Friday. The stock’s fifty day moving average is $124.75 and its two-hundred day moving average is $121.17. The firm has a market capitalization of $58.27 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $128.77.

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.