Raab & Moskowitz Asset Management LLC Buys 5,311 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Raab & Moskowitz Asset Management LLC grew its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 8.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,499 shares of the company’s stock after buying an additional 5,311 shares during the quarter. Vanguard High Dividend Yield ETF comprises 2.2% of Raab & Moskowitz Asset Management LLC’s holdings, making the stock its 10th biggest position. Raab & Moskowitz Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,653,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Mesirow Financial Investment Management Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after purchasing an additional 552,003 shares during the period. Accredited Investors Inc. boosted its stake in Vanguard High Dividend Yield ETF by 18,516.9% during the third quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock valued at $51,242,000 after buying an additional 397,558 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in Vanguard High Dividend Yield ETF by 6,282.8% during the second quarter. Strategic Financial Concepts LLC now owns 365,925 shares of the company’s stock worth $43,399,000 after acquiring an additional 360,192 shares during the period. Sanctuary Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF in the second quarter worth about $27,104,000. Finally, LPL Financial LLC lifted its holdings in Vanguard High Dividend Yield ETF by 4.6% in the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock valued at $619,528,000 after acquiring an additional 228,580 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $132.80 on Friday. The firm’s 50 day moving average is $130.75 and its 200-day moving average is $125.10. Vanguard High Dividend Yield ETF has a 12-month low of $106.97 and a 12-month high of $135.07. The stock has a market capitalization of $60.13 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.