Keudell Morrison Wealth Management Acquires 818 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Keudell Morrison Wealth Management raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 160,744 shares of the company’s stock after acquiring an additional 818 shares during the quarter. Vanguard High Dividend Yield ETF comprises approximately 5.6% of Keudell Morrison Wealth Management’s investment portfolio, making the stock its 3rd largest holding. Keudell Morrison Wealth Management’s holdings in Vanguard High Dividend Yield ETF were worth $20,607,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Cetera Investment Advisers raised its holdings in Vanguard High Dividend Yield ETF by 579.6% in the first quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock valued at $192,241,000 after acquiring an additional 1,355,103 shares in the last quarter. Strategic Financial Concepts LLC increased its position in shares of Vanguard High Dividend Yield ETF by 6,282.8% in the 2nd quarter. Strategic Financial Concepts LLC now owns 365,925 shares of the company’s stock valued at $43,399,000 after purchasing an additional 360,192 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at approximately $27,104,000. LPL Financial LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 4.6% in the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock valued at $619,528,000 after purchasing an additional 228,580 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of Vanguard High Dividend Yield ETF by 7.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after purchasing an additional 153,146 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.1 %

NYSEARCA:VYM traded down $0.18 during trading hours on Thursday, hitting $132.18. The company’s stock had a trading volume of 316,214 shares, compared to its average volume of 900,543. Vanguard High Dividend Yield ETF has a 52-week low of $101.53 and a 52-week high of $132.61. The stock has a market capitalization of $59.85 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock has a fifty day moving average of $127.89 and a 200-day moving average of $122.94.

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.