Cornerstone Wealth Group LLC Grows Holdings in Vanguard High Dividend Yield ETF $VYM

Cornerstone Wealth Group LLC increased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 16.8% during the 2nd quarter, Holdings Channel reports. The firm owned 7,620 shares of the company’s stock after purchasing an additional 1,095 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,016,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VYM. Brighton Jones LLC boosted its holdings in Vanguard High Dividend Yield ETF by 23.3% during the fourth quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after purchasing an additional 3,177 shares during the last quarter. Clark Asset Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 68.6% in the first quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock valued at $502,000 after acquiring an additional 1,585 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Vanguard High Dividend Yield ETF by 13.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 499,133 shares of the company’s stock valued at $64,369,000 after acquiring an additional 58,453 shares during the last quarter. Sowell Financial Services LLC boosted its stake in Vanguard High Dividend Yield ETF by 9.4% in the first quarter. Sowell Financial Services LLC now owns 27,667 shares of the company’s stock valued at $3,568,000 after acquiring an additional 2,385 shares during the last quarter. Finally, Grimes & Company Inc. boosted its stake in Vanguard High Dividend Yield ETF by 26.9% in the first quarter. Grimes & Company Inc. now owns 21,285 shares of the company’s stock valued at $2,745,000 after acquiring an additional 4,518 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.7%

VYM opened at $140.53 on Wednesday. The stock has a market cap of $65.70 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $142.22. The company’s 50-day moving average price is $139.25 and its two-hundred day moving average price is $132.45.

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.