L. Roy Papp & Associates LLP Cuts Stake in Vanguard High Dividend Yield ETF $VYM

L. Roy Papp & Associates LLP reduced its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,891 shares of the company’s stock after selling 300 shares during the period. L. Roy Papp & Associates LLP’s holdings in Vanguard High Dividend Yield ETF were worth $385,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in VYM. Kingstone Capital Partners Texas LLC purchased a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $366,524,000. SCS Capital Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at approximately $198,685,000. Ameriprise Financial Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 10.8% in the 1st quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock valued at $492,413,000 after purchasing an additional 372,066 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Vanguard High Dividend Yield ETF by 26.2% in the 1st quarter. HighTower Advisors LLC now owns 1,293,248 shares of the company’s stock valued at $166,777,000 after purchasing an additional 268,847 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of Vanguard High Dividend Yield ETF by 15.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,882,559 shares of the company’s stock valued at $240,217,000 after purchasing an additional 251,778 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.7%

Shares of NYSEARCA:VYM opened at $140.32 on Friday. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $142.22. The company’s 50 day moving average is $138.93 and its two-hundred day moving average is $132.21. The company has a market cap of $65.61 billion, a PE ratio of 17.79 and a beta of 0.84.

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.