Kovitz Investment Group Partners LLC Increases Stake in Vanguard High Dividend Yield ETF $VYM

Kovitz Investment Group Partners LLC raised its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 204,576 shares of the company’s stock after acquiring an additional 11,911 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $28,835,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VYM. Gallagher Fiduciary Advisors LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 12,273.0% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock valued at $1,064,039,000 after buying an additional 7,917,178 shares in the last quarter. Raymond James Financial Inc. lifted its position in Vanguard High Dividend Yield ETF by 2.4% during the 2nd quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock valued at $998,634,000 after acquiring an additional 178,904 shares during the period. Envestnet Asset Management Inc. lifted its position in Vanguard High Dividend Yield ETF by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock valued at $622,955,000 after acquiring an additional 149,645 shares during the period. Ameriprise Financial Inc. boosted its stake in Vanguard High Dividend Yield ETF by 3.6% during the second quarter. Ameriprise Financial Inc. now owns 3,955,135 shares of the company’s stock worth $527,659,000 after acquiring an additional 138,262 shares in the last quarter. Finally, Wellspring Financial Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF by 0.6% in the second quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock worth $371,656,000 after purchasing an additional 15,677 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM opened at $155.56 on Monday. The company has a 50 day simple moving average of $148.83 and a two-hundred day simple moving average of $143.51. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $157.29. The company has a market capitalization of $74.76 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

Vanguard High Dividend Yield ETF 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.