Envestnet Portfolio Solutions Inc. Decreases Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Envestnet Portfolio Solutions Inc. lessened its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 8.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 152,439 shares of the company’s stock after selling 14,502 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $19,450,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $921,398,000. Commonwealth Equity Services LLC raised its holdings in Vanguard High Dividend Yield ETF by 8.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,343,545 shares of the company’s stock valued at $299,013,000 after acquiring an additional 179,703 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after acquiring an additional 9,363 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in Vanguard High Dividend Yield ETF by 6.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after acquiring an additional 121,099 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Vanguard High Dividend Yield ETF by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock worth $230,233,000 after purchasing an additional 19,071 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $128.28 on Monday. The stock has a market capitalization of $58.98 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a one year low of $114.37 and a one year high of $135.10. The company’s 50-day simple moving average is $131.42 and its 200-day simple moving average is $130.06.

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.