Vanguard High Dividend Yield ETF $VYM Stake Boosted by Forum Private Client Group LLC

Forum Private Client Group LLC lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 8.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 210,648 shares of the company’s stock after purchasing an additional 16,477 shares during the period. Vanguard High Dividend Yield ETF comprises 10.6% of Forum Private Client Group LLC’s portfolio, making the stock its largest holding. Forum Private Client Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $29,691,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VYM. Gallagher Fiduciary Advisors LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 12,273.0% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock valued at $1,064,039,000 after acquiring an additional 7,917,178 shares in the last quarter. Raymond James Financial Inc. raised its stake in Vanguard High Dividend Yield ETF by 2.4% during the 2nd quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock valued at $998,634,000 after purchasing an additional 178,904 shares during the period. Envestnet Asset Management Inc. raised its stake in Vanguard High Dividend Yield ETF by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock valued at $622,955,000 after purchasing an additional 149,645 shares during the period. Ameriprise Financial Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 3.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,955,135 shares of the company’s stock worth $527,659,000 after purchasing an additional 138,262 shares in the last quarter. Finally, Wellspring Financial Advisors LLC boosted its stake in Vanguard High Dividend Yield ETF by 0.6% in the 2nd quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock worth $371,656,000 after purchasing an additional 15,677 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $152.79 on Thursday. The firm has a market cap of $73.43 billion, a P/E ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $153.18. The company has a 50 day simple moving average of $146.44 and a two-hundred day simple moving average of $141.78.

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.