SVB Wealth LLC Makes New Investment in Vanguard High Dividend Yield ETF $VYM

SVB Wealth LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the second quarter, Holdings Channel.com reports. The fund acquired 7,493 shares of the company’s stock, valued at approximately $999,000.

Other institutional investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC acquired a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter valued at $366,524,000. SCS Capital Management LLC purchased a new position in Vanguard High Dividend Yield ETF in the 1st quarter valued at about $198,685,000. Auto Owners Insurance Co grew its stake in shares of Vanguard High Dividend Yield ETF by 125.2% during the second quarter. Auto Owners Insurance Co now owns 724,200 shares of the company’s stock valued at $96,543,000 after acquiring an additional 402,667 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Vanguard High Dividend Yield ETF by 10.8% during 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 in the last quarter. Finally, Quaker Wealth Management LLC increased its position in shares of Vanguard High Dividend Yield ETF by 258.8% during the second quarter. Quaker Wealth Management LLC now owns 167,307 shares of the company’s stock worth $22,304,000 after acquiring an additional 272,656 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.0%

Shares of NYSEARCA VYM opened at $144.73 on Wednesday. The firm has a market cap of $67.67 billion, a PE ratio of 17.79 and a beta of 0.79. The business has a 50 day moving average price of $141.46 and a two-hundred day moving average price of $137.55. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $145.96.

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.