Vise Technologies Inc. Purchases New Shares in Vanguard High Dividend Yield ETF $VYM

Vise Technologies Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,295 shares of the company’s stock, valued at approximately $1,772,000.

A number of other institutional investors also recently modified their holdings of VYM. Raymond James Financial Inc. increased its holdings 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 boosted its position in Vanguard High Dividend Yield ETF by 2.1% in the 1st 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 during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 3.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock valued at $622,955,000 after buying an additional 149,645 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 10.8% in the 1st 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 during the period. Finally, Kingstone Capital Partners Texas LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth $366,524,000.

Vanguard High Dividend Yield ETF Stock Up 0.7%

Shares of VYM opened at $142.08 on Wednesday. The stock’s fifty day simple moving average is $140.57 and its 200-day simple moving average is $135.31. The firm has a market capitalization of $66.43 billion, a PE ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $142.50.

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.