Vanguard High Dividend Yield ETF $VYM Shares Bought by Brown Advisory Inc.

Brown Advisory Inc. grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 12.3% during the 2nd quarter, Holdings Channel reports. The firm owned 86,463 shares of the company’s stock after purchasing an additional 9,452 shares during the quarter. Brown Advisory Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $11,526,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC purchased a new position in Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $366,524,000. SCS Capital Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $198,685,000. Auto Owners Insurance Co raised its holdings in shares of Vanguard High Dividend Yield ETF by 125.2% during the second quarter. Auto Owners Insurance Co now owns 724,200 shares of the company’s stock valued at $96,543,000 after acquiring an additional 402,667 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 10.8% in the first quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock valued at $492,413,000 after acquiring an additional 372,066 shares in the last quarter. Finally, Quaker Wealth Management LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 258.8% in the second quarter. Quaker Wealth Management LLC now owns 167,307 shares of the company’s stock valued at $22,304,000 after acquiring an additional 272,656 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $145.21 on Monday. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $145.97. The stock has a market capitalization of $67.89 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The stock has a 50 day moving average price of $141.30 and a 200 day moving average price of $137.30.

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.