Beacon Pointe Advisors LLC Decreases Holdings in Vanguard High Dividend Yield ETF $VYM

Beacon Pointe Advisors LLC decreased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 228,171 shares of the company’s stock after selling 5,272 shares during the period. Beacon Pointe Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $30,417,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 1.3% in the 1st quarter. Raymond James Financial Inc. now owns 7,312,162 shares of the company’s stock worth $942,976,000 after purchasing an additional 90,605 shares during the period. Envestnet Asset Management Inc. increased its position in Vanguard High Dividend Yield ETF by 3.3% in the second quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock worth $622,955,000 after buying an additional 149,645 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 10.8% during the 1st quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock valued at $492,413,000 after buying an additional 372,066 shares during the last quarter. Wellspring Financial Advisors LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 0.6% during the 2nd quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock valued at $371,656,000 after buying an additional 15,677 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth $366,524,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $143.99 on Tuesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $145.44. The business has a 50-day moving average of $140.96 and a 200 day moving average of $136.87. The firm has a market cap of $67.32 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.