Montz Harcus Wealth Management LLC Buys 2,084 Shares of Vanguard High Dividend Yield ETF $VYM

Montz Harcus Wealth Management LLC increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.4% during the 2nd quarter, Holdings Channel reports. The fund owned 63,105 shares of the company’s stock after purchasing an additional 2,084 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 4.1% of Montz Harcus Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position. Montz Harcus Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,413,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Raymond James Financial Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 1.3% in the first quarter. Raymond James Financial Inc. now owns 7,312,162 shares of the company’s stock valued at $942,976,000 after acquiring an additional 90,605 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard High Dividend Yield ETF by 2.1% in the first quarter. LPL Financial LLC now owns 5,760,304 shares of the company’s stock valued at $742,849,000 after buying an additional 117,074 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Vanguard High Dividend Yield ETF by 10.8% in the first quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock valued at $492,413,000 after buying an additional 372,066 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at $366,524,000. Finally, Commonwealth Equity Services LLC raised its stake in Vanguard High Dividend Yield ETF by 6.3% in the first quarter. Commonwealth Equity Services LLC now owns 2,490,460 shares of the company’s stock valued at $321,170,000 after buying an additional 146,915 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $141.55 on Friday. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $142.22. The stock has a market cap of $65.54 billion, a PE ratio of 17.79 and a beta of 0.84. The stock’s fifty day moving average is $138.50 and its two-hundred day moving average is $131.90.

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.