White Lighthouse Investment Management Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 78,008 shares of the company’s stock, valued at approximately $6,680,000. Vanguard High Dividend Yield ETF makes up 3.8% of White Lighthouse Investment Management Inc.’s investment portfolio, making the stock its 5th biggest holding.
Separately, Hefty Wealth Partners increased its holdings in Vanguard High Dividend Yield ETF by 3.4% in the 4th quarter. Hefty Wealth Partners now owns 29,084 shares of the company’s stock valued at $2,490,000 after purchasing an additional 968 shares during the last quarter.
Vanguard High Dividend Yield ETF (VYM) traded down $0.08 during trading on Wednesday, reaching $87.20. 1,590,700 shares of the company traded hands, compared to its average volume of 1,334,950. Vanguard High Dividend Yield ETF has a 12-month low of $75.19 and a 12-month high of $87.60.
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