Steward Partners Investment Advisory LLC Has $41.89 Million Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Steward Partners Investment Advisory LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 397,020 shares of the company’s stock after buying an additional 15,323 shares during the quarter. Vanguard High Dividend Yield ETF comprises approximately 0.7% of Steward Partners Investment Advisory LLC’s investment portfolio, making the stock its 22nd biggest holding. Steward Partners Investment Advisory LLC owned about 0.09% of Vanguard High Dividend Yield ETF worth $41,886,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VYM. Moneta Group Investment Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF by 110,970.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 394,835,570 shares of the company’s stock valued at $42,725,157,000 after purchasing an additional 394,480,089 shares during the period. M&T Bank Corp grew its holdings in Vanguard High Dividend Yield ETF by 1,130.4% during the fourth quarter. M&T Bank Corp now owns 4,392,074 shares of the company’s stock valued at $203,287,000 after purchasing an additional 4,035,110 shares during the period. Bank of America Corp DE grew its holdings in Vanguard High Dividend Yield ETF by 25.7% during the fourth quarter. Bank of America Corp DE now owns 15,863,422 shares of the company’s stock valued at $1,716,581,000 after purchasing an additional 3,242,830 shares during the period. Meiji Yasuda Life Insurance Co acquired a new position in Vanguard High Dividend Yield ETF during the first quarter valued at approximately $128,190,000. Finally, Morgan Stanley grew its holdings in Vanguard High Dividend Yield ETF by 10.1% during the fourth quarter. Morgan Stanley now owns 9,684,196 shares of the company’s stock valued at $1,047,927,000 after purchasing an additional 884,541 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.7 %

NYSEARCA VYM traded up $0.72 during trading on Tuesday, reaching $107.86. 634,163 shares of the stock traded hands, compared to its average volume of 1,572,048. The firm has a market cap of $49.55 billion, a price-to-earnings ratio of 13.80 and a beta of 0.84. The stock’s 50-day moving average price is $107.74 and its 200 day moving average price is $105.83. Vanguard High Dividend Yield ETF has a fifty-two week low of $94.59 and a fifty-two week high of $113.78.

About Vanguard High Dividend Yield ETF

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.