RHS Financial LLC Takes Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

RHS Financial LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 1st quarter, HoldingsChannel reports. The institutional investor purchased 3,048 shares of the company’s stock, valued at approximately $393,000.

Several other institutional investors have also made changes to their positions in VYM. Bank of America Corp DE lifted its holdings in Vanguard High Dividend Yield ETF by 21.3% in the 4th quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock worth $1,753,157,000 after purchasing an additional 2,409,649 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $921,398,000. LPL Financial LLC lifted its holdings in Vanguard High Dividend Yield ETF by 4.5% in the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock worth $720,020,000 after purchasing an additional 243,681 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Vanguard High Dividend Yield ETF by 152.1% in the 4th quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock worth $696,339,000 after purchasing an additional 3,292,948 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in Vanguard High Dividend Yield ETF by 9.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock worth $639,651,000 after purchasing an additional 452,063 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $130.54 on Friday. The business has a 50 day moving average price of $125.94 and a 200 day moving average price of $128.73. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $135.10. The firm has a market cap of $59.58 billion, a P/E ratio of 18.75 and a beta of 0.79.

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.