Robertson Stephens Wealth Management LLC Decreases Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Robertson Stephens Wealth Management LLC lessened its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,000 shares of the company’s stock after selling 969 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,898,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VYM. LaFleur & Godfrey LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 4.5% during the 4th quarter. LaFleur & Godfrey LLC now owns 5,154 shares of the company’s stock valued at $658,000 after buying an additional 224 shares during the last quarter. Brighton Jones LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 23.3% during the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after buying an additional 3,177 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $126,000. Chevy Chase Trust Holdings LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 38.8% during the 4th quarter. Chevy Chase Trust Holdings LLC now owns 27,548 shares of the company’s stock valued at $3,515,000 after buying an additional 7,697 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 18.1% during the 4th quarter. Blue Trust Inc. now owns 4,477 shares of the company’s stock valued at $571,000 after buying an additional 686 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.5%

Vanguard High Dividend Yield ETF stock opened at $131.25 on Tuesday. The stock has a market cap of $59.90 billion, a P/E ratio of 18.75 and a beta of 0.79. The stock has a 50 day moving average of $126.27 and a 200-day moving average of $128.67. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $135.10.

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.