Vanguard High Dividend Yield ETF $VYM is Keudell Morrison Wealth Management’s 5th Largest Position

Keudell Morrison Wealth Management lessened its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,324 shares of the company’s stock after selling 4,962 shares during the quarter. Vanguard High Dividend Yield ETF comprises 4.4% of Keudell Morrison Wealth Management’s portfolio, making the stock its 5th biggest holding. Keudell Morrison Wealth Management’s holdings in Vanguard High Dividend Yield ETF were worth $20,040,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Beacon Financial Advisory LLC grew its holdings in Vanguard High Dividend Yield ETF by 3.4% during the 2nd quarter. Beacon Financial Advisory LLC now owns 14,469 shares of the company’s stock valued at $1,929,000 after buying an additional 479 shares in the last quarter. Iron Horse Wealth Management LLC grew its holdings in Vanguard High Dividend Yield ETF by 2.1% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 268,260 shares of the company’s stock valued at $35,762,000 after buying an additional 5,493 shares in the last quarter. Simplicity Wealth LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 81.3% in the 2nd quarter. Simplicity Wealth LLC now owns 73,990 shares of the company’s stock worth $9,864,000 after purchasing an additional 33,188 shares during the period. OLD National Bancorp IN boosted its holdings in shares of Vanguard High Dividend Yield ETF by 32.7% in the 2nd quarter. OLD National Bancorp IN now owns 239,739 shares of the company’s stock worth $31,960,000 after purchasing an additional 59,046 shares during the period. Finally, Olistico Wealth LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 2,315.0% in the 2nd quarter. Olistico Wealth LLC now owns 2,415 shares of the company’s stock worth $322,000 after purchasing an additional 2,315 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $141.55 on Friday. The stock 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 50 day moving average price of $138.50 and a 200-day moving average price of $131.91. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year 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.