Royal Fund Management LLC Grows Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Royal Fund Management LLC grew its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,695 shares of the company’s stock after buying an additional 428 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 0.9% of Royal Fund Management LLC’s portfolio, making the stock its 24th largest position. Royal Fund Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,004,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. LPL Financial LLC grew its stake in Vanguard High Dividend Yield ETF by 6.1% during the third quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock worth $532,326,000 after buying an additional 298,137 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 2.9% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 4,059,220 shares of the company’s stock worth $453,131,000 after purchasing an additional 115,272 shares in the last quarter. UBS Group AG lifted its position in shares of Vanguard High Dividend Yield ETF by 4.7% during the third quarter. UBS Group AG now owns 3,248,365 shares of the company’s stock worth $335,621,000 after purchasing an additional 145,946 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $254,023,000. Finally, Royal Bank of Canada lifted its position in shares of Vanguard High Dividend Yield ETF by 3.8% during the third quarter. Royal Bank of Canada now owns 2,270,831 shares of the company’s stock worth $234,621,000 after purchasing an additional 82,283 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

Shares of NYSEARCA VYM traded up $0.66 during trading on Friday, reaching $117.13. 933,683 shares of the stock were exchanged, compared to its average volume of 1,103,594. The business’s 50-day moving average price is $117.60 and its 200 day moving average price is $111.78. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $121.29. The company has a market capitalization of $53.04 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF 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.