AE Wealth Management LLC Boosts Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

AE Wealth Management LLC raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,232 shares of the company’s stock after buying an additional 17,612 shares during the quarter. AE Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $23,273,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VYM. Pathstone Holdings LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $164,899,000. Cetera Investment Advisers grew its holdings in Vanguard High Dividend Yield ETF by 579.6% in the 1st 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. purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $97,395,000. Mesirow Financial Investment Management Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the 1st quarter valued at about $66,489,000. Finally, Stifel Financial Corp lifted its stake in shares of Vanguard High Dividend Yield ETF by 27.4% in the 4th quarter. Stifel Financial Corp now owns 1,679,356 shares of the company’s stock valued at $187,468,000 after purchasing an additional 360,761 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $128.07 on Friday. The firm has a market capitalization of $57.99 billion, a P/E 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 $128.43. The business’s 50-day simple moving average is $123.65 and its 200-day simple moving average is $120.35.

About Vanguard High Dividend Yield ETF

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.