Divergent Planning LLC Makes New Investment in Vanguard High Dividend Yield ETF $VYM

Divergent Planning LLC bought a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 25,203 shares of the company’s stock, valued at approximately $3,360,000.

A number of other institutional investors also recently bought and sold shares of VYM. Raymond James Financial Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 1.3% in the 1st quarter. Raymond James Financial Inc. now owns 7,312,162 shares of the company’s stock worth $942,976,000 after acquiring an additional 90,605 shares in the last quarter. LPL Financial LLC raised its holdings in Vanguard High Dividend Yield ETF by 2.1% in the first quarter. LPL Financial LLC now owns 5,760,304 shares of the company’s stock worth $742,849,000 after purchasing an additional 117,074 shares in the last quarter. Ameriprise Financial Inc. lifted its position in 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 buying an additional 372,066 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at $366,524,000. Finally, Commonwealth Equity Services LLC grew its position in shares of Vanguard High Dividend Yield ETF by 6.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,490,460 shares of the company’s stock worth $321,170,000 after buying an additional 146,915 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $141.23 on Tuesday. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $142.22. The firm has a 50-day moving average of $139.70 and a 200 day moving average of $132.92. The stock has a market cap of $66.03 billion, a P/E ratio of 17.79 and a beta of 0.84.

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.