GeoWealth Management LLC Raises Position in Vanguard High Dividend Yield ETF $VYM

GeoWealth Management LLC lifted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 699.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 29,499 shares of the company’s stock after purchasing an additional 25,809 shares during the quarter. GeoWealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,933,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Wesbanco Bank Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 205.0% in the 2nd quarter. Wesbanco Bank Inc. now owns 9,912 shares of the company’s stock worth $1,321,000 after acquiring an additional 6,662 shares in the last quarter. Alpha Cubed Investments LLC grew its stake in Vanguard High Dividend Yield ETF by 2.0% in the second quarter. Alpha Cubed Investments LLC now owns 23,246 shares of the company’s stock valued at $3,099,000 after purchasing an additional 448 shares during the last quarter. Richards Merrill & Peterson Inc. grew its stake in Vanguard High Dividend Yield ETF by 8.9% in the second quarter. Richards Merrill & Peterson Inc. now owns 6,552 shares of the company’s stock valued at $873,000 after purchasing an additional 534 shares during the last quarter. LJI Wealth Management LLC raised its holdings in Vanguard High Dividend Yield ETF by 1.6% in the second 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 in the last quarter. Finally, Sovereign Financial Group Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 4.4% during the second quarter. Sovereign Financial Group Inc. now owns 41,610 shares of the company’s stock valued at $5,547,000 after buying an additional 1,762 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $145.11 on Friday. The company’s 50-day simple moving average is $141.21 and its 200-day simple moving average is $137.08. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $145.44. The stock has a market capitalization of $67.85 billion, a P/E ratio of 17.79 and a beta of 0.79.

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.