Wedmont Private Capital Grows Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wedmont Private Capital raised its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.1% in the 1st quarter, Holdings Channel reports. The firm owned 25,254 shares of the company’s stock after purchasing an additional 1,447 shares during the quarter. Wedmont Private Capital’s holdings in Vanguard High Dividend Yield ETF were worth $3,056,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $921,398,000. JPMorgan Chase & Co. raised its stake in shares of Vanguard High Dividend Yield ETF by 152.1% during the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock valued at $696,339,000 after acquiring an additional 3,292,948 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Vanguard High Dividend Yield ETF by 21.3% in the fourth quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock valued at $1,753,157,000 after purchasing an additional 2,409,649 shares during the period. Wellspring Financial Advisors LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 29.3% in the fourth quarter. Wellspring Financial Advisors LLC now owns 2,968,984 shares of the company’s stock valued at $378,813,000 after purchasing an additional 672,757 shares during the period. Finally, SBI Securities Co. Ltd. bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $77,577,000.

Vanguard High Dividend Yield ETF Stock Up 0.7%

VYM opened at $130.44 on Friday. The stock’s fifty day moving average is $124.87 and its two-hundred day moving average is $128.83. The company has a market capitalization of $59.53 billion, a P/E ratio of 18.75 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $135.10.

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.