Cornerstone Planning Group LLC Raises Position in Vanguard High Dividend Yield ETF $VYM

Cornerstone Planning Group LLC increased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 57,021.7% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 526,662 shares of the company’s stock after purchasing an additional 525,740 shares during the period. Vanguard High Dividend Yield ETF accounts for about 9.0% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Cornerstone Planning Group LLC owned about 0.11% of Vanguard High Dividend Yield ETF worth $74,233,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gallagher Fiduciary Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 12,273.0% during 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 acquiring an additional 7,917,178 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth about $316,679,000. Rakuten Investment Management Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $199,321,000. Auto Owners Insurance Co grew its position in shares of Vanguard High Dividend Yield ETF by 125.2% during the 2nd quarter. Auto Owners Insurance Co now owns 724,200 shares of the company’s stock valued at $96,543,000 after buying an additional 402,667 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in Vanguard High Dividend Yield ETF by 13.3% during the second quarter. The Manufacturers Life Insurance Company now owns 2,683,539 shares of the company’s stock worth $357,743,000 after acquiring an additional 314,494 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.7%

Shares of NYSEARCA VYM opened at $151.03 on Tuesday. The firm’s 50-day moving average price is $146.10 and its two-hundred day moving average price is $141.58. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $151.19. The stock has a market capitalization of $72.58 billion, a P/E ratio of 17.79 and a beta of 0.79.

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.