Stonebridge Financial Group LLC Has $1.09 Million Stake in Vanguard High Dividend Yield ETF $VYM

Stonebridge Financial Group LLC lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 58.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,203 shares of the company’s stock after purchasing an additional 3,022 shares during the quarter. Stonebridge Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,094,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. 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 purchasing an additional 90,605 shares in the last quarter. LPL Financial LLC grew its position 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 acquiring an additional 117,074 shares during the period. Ameriprise Financial Inc. grew its position 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 acquiring an additional 372,066 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at $366,524,000. Finally, Commonwealth Equity Services LLC grew its position 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 acquiring an additional 146,915 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $140.32 on Friday. The business’s fifty day moving average price is $138.93 and its two-hundred day moving average price is $132.21. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $142.22. The stock has a market capitalization of $65.61 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

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.