Confluence Wealth Services Inc. Has $3.29 Million Stock Position in Vanguard High Dividend Yield ETF $VYM

Confluence Wealth Services Inc. reduced its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,709 shares of the company’s stock after selling 87 shares during the period. Confluence Wealth Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $3,294,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VYM. Valley National Advisers Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 3.6% during the second quarter. Valley National Advisers Inc. now owns 9,854 shares of the company’s stock worth $1,312,000 after buying an additional 342 shares in the last quarter. Headland Capital LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $201,000. PUREfi Wealth LLC bought a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $1,310,000. DAVENPORT & Co LLC grew its position in Vanguard High Dividend Yield ETF by 8.8% during the 2nd quarter. DAVENPORT & Co LLC now owns 256,112 shares of the company’s stock worth $34,142,000 after acquiring an additional 20,609 shares during the last quarter. Finally, Grimes & Company Inc. increased its holdings in Vanguard High Dividend Yield ETF by 6.6% during the 2nd quarter. Grimes & Company Inc. now owns 22,687 shares of the company’s stock valued at $3,024,000 after purchasing an additional 1,402 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $141.55 on Monday. The company has a market cap of $65.54 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock has a fifty day moving average price of $138.50 and a two-hundred day moving average price of $131.92. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $142.22.

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.