Vanguard High Dividend Yield ETF $VYM Shares Acquired by Riverbend Wealth Management LLC

Riverbend Wealth Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,587 shares of the company’s stock after purchasing an additional 1,057 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 1.9% of Riverbend Wealth Management LLC’s portfolio, making the stock its 12th biggest position. Riverbend Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,478,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in VYM. Kingstone Capital Partners Texas LLC acquired a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter worth $366,524,000. SCS Capital Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the first quarter worth about $198,685,000. Ameriprise Financial Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 10.8% during the first quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock worth $492,413,000 after purchasing an additional 372,066 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Vanguard High Dividend Yield ETF by 26.2% during the first quarter. HighTower Advisors LLC now owns 1,293,248 shares of the company’s stock worth $166,777,000 after purchasing an additional 268,847 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Vanguard High Dividend Yield ETF by 15.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,882,559 shares of the company’s stock valued at $240,217,000 after purchasing an additional 251,778 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 1.0%

Shares of NYSEARCA VYM opened at $139.49 on Friday. The business has a 50-day moving average price of $139.48 and a 200 day moving average price of $132.59. The stock has a market cap of $65.22 billion, a PE ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $142.22.

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.