Richards Merrill & Peterson Inc. Increases Stake in Vanguard High Dividend Yield ETF $VYM

Richards Merrill & Peterson Inc. grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 8.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,552 shares of the company’s stock after acquiring an additional 534 shares during the period. Richards Merrill & Peterson Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $873,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. NORTHSTAR ASSET MANAGEMENT Co boosted its holdings in Vanguard High Dividend Yield ETF by 0.8% in the 2nd quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 37,370 shares of the company’s stock valued at $4,982,000 after purchasing an additional 290 shares in the last quarter. Kathleen S. Wright Associates Inc. grew its holdings in Vanguard High Dividend Yield ETF by 40.5% during the second quarter. Kathleen S. Wright Associates Inc. now owns 10,581 shares of the company’s stock worth $1,411,000 after acquiring an additional 3,051 shares during the period. Moloney Securities Asset Management LLC lifted its holdings in Vanguard High Dividend Yield ETF by 226.4% in the second quarter. Moloney Securities Asset Management LLC now owns 24,314 shares of the company’s stock valued at $3,241,000 after acquiring an additional 16,865 shares during the period. LJI Wealth Management LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 1.6% during the 2nd quarter. LJI Wealth Management LLC now owns 10,199 shares of the company’s stock worth $1,360,000 after purchasing an additional 163 shares during the period. Finally, Carnegie Investment Counsel lifted its stake in shares of Vanguard High Dividend Yield ETF by 3.9% in the second quarter. Carnegie Investment Counsel now owns 21,023 shares of the company’s stock valued at $2,803,000 after purchasing an additional 794 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.5%

Shares of VYM opened at $141.62 on Friday. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $142.22. The firm has a market capitalization of $66.21 billion, a P/E ratio of 17.79 and a beta of 0.84. The firm’s 50-day moving average is $140.01 and its two-hundred day moving average is $133.38.

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.