Envestnet Asset Management Inc. Raises Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Envestnet Asset Management Inc. lifted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,000,642 shares of the company’s stock after purchasing an additional 59,826 shares during the period. Envestnet Asset Management Inc. owned 1.10% of Vanguard High Dividend Yield ETF worth $593,076,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of VYM. Pathstone Holdings LLC bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $164,899,000. Cetera Investment Advisers lifted its position in Vanguard High Dividend Yield ETF by 579.6% during the first quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock valued at $192,241,000 after buying an additional 1,355,103 shares during the period. Sanibel Captiva Trust Company Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $97,395,000. Mesirow Financial Investment Management Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth about $66,489,000. Finally, Stifel Financial Corp lifted its position in Vanguard High Dividend Yield ETF by 27.4% during the 4th quarter. Stifel Financial Corp now owns 1,679,356 shares of the company’s stock valued at $187,468,000 after acquiring an additional 360,761 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $126.02 on Friday. The firm’s 50-day simple moving average is $123.05 and its two-hundred day simple moving average is $120.03. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $127.50. The stock has a market cap of $57.06 billion, a PE ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company Profile

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.