Raab & Moskowitz Asset Management LLC Buys 3,517 Shares of Vanguard High Dividend Yield ETF $VYM

Raab & Moskowitz Asset Management LLC raised its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.8% in the 3rd quarter, Holdings Channel reports. The fund owned 76,667 shares of the company’s stock after acquiring an additional 3,517 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 2.4% of Raab & Moskowitz Asset Management LLC’s portfolio, making the stock its 9th biggest position. Raab & Moskowitz Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $10,806,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Gallagher Fiduciary Advisors LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 12,273.0% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock valued at $1,064,039,000 after purchasing an additional 7,917,178 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter worth approximately $316,679,000. Rakuten Investment Management Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter worth approximately $199,321,000. Cornerstone Planning Group LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 57,021.7% during the third quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock worth $74,233,000 after purchasing an additional 525,740 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in shares of Vanguard High Dividend Yield ETF by 493.0% during the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock worth $84,110,000 after purchasing an additional 496,110 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $149.57 on Wednesday. The firm has a market cap of $71.88 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The firm’s fifty day moving average price is $151.39 and its 200 day moving average price is $145.28. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $157.29.

Vanguard High Dividend Yield ETF 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.