MJP Associates Inc. ADV Buys 658 Shares of Vanguard High Dividend Yield ETF $VYM

MJP Associates Inc. ADV boosted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.3% during the second quarter, Holdings Channel reports. The firm owned 29,140 shares of the company’s stock after purchasing an additional 658 shares during the quarter. Vanguard High Dividend Yield ETF comprises about 0.6% of MJP Associates Inc. ADV’s holdings, making the stock its 25th biggest position. MJP Associates Inc. ADV’s holdings in Vanguard High Dividend Yield ETF were worth $3,885,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VYM. Raymond James Financial Inc. raised its stake in Vanguard High Dividend Yield ETF by 1.3% during the 1st quarter. Raymond James Financial Inc. now owns 7,312,162 shares of the company’s stock valued at $942,976,000 after buying an additional 90,605 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 2.1% in the first quarter. LPL Financial LLC now owns 5,760,304 shares of the company’s stock worth $742,849,000 after acquiring an additional 117,074 shares during the period. Envestnet Asset Management Inc. increased its position in Vanguard High Dividend Yield ETF by 3.3% during the second quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock valued at $622,955,000 after acquiring an additional 149,645 shares during the last quarter. Ameriprise Financial Inc. increased its position in Vanguard High Dividend Yield ETF by 10.8% during the first quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock valued at $492,413,000 after acquiring an additional 372,066 shares during the last quarter. Finally, Kingstone Capital Partners Texas LLC bought a new position in Vanguard High Dividend Yield ETF in the second quarter valued at about $366,524,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $141.01 on Friday. The stock’s 50-day simple moving average is $140.73 and its two-hundred day simple moving average is $135.52. The stock has a market capitalization of $65.93 billion, a price-to-earnings ratio of 17.79 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 $143.30.

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.