Zhang Financial LLC Increases Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Zhang Financial LLC raised its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.2% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 254,488 shares of the company’s stock after purchasing an additional 12,659 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 2.1% of Zhang Financial LLC’s portfolio, making the stock its 11th biggest holding. Zhang Financial LLC owned approximately 0.06% of Vanguard High Dividend Yield ETF worth $30,182,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 4.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,884,792 shares of the company’s stock valued at $545,289,000 after purchasing an additional 186,821 shares in the last quarter. UBS Group AG increased its stake in shares of Vanguard High Dividend Yield ETF by 5.2% in the 4th quarter. UBS Group AG now owns 3,417,686 shares of the company’s stock worth $381,516,000 after acquiring an additional 169,321 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock worth $392,788,000 after acquiring an additional 16,021 shares during the last quarter. Wellspring Financial Advisors LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 0.5% in the 4th quarter. Wellspring Financial Advisors LLC now owns 1,853,557 shares of the company’s stock worth $206,913,000 after acquiring an additional 9,623 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 0.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,838,177 shares of the company’s stock worth $222,401,000 after acquiring an additional 10,708 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.5 %

Shares of VYM traded up $0.60 during midday trading on Monday, reaching $124.32. The company had a trading volume of 338,176 shares, compared to its average volume of 955,595. The firm has a 50 day simple moving average of $120.53 and a 200-day simple moving average of $118.48. The stock has a market cap of $56.29 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $125.07.

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.