Orion Porfolio Solutions LLC Cuts Holdings in Vanguard High Dividend Yield ETF $VYM

Orion Porfolio Solutions LLC lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,169 shares of the company’s stock after selling 5,941 shares during the period. Orion Porfolio Solutions LLC’s holdings in Vanguard High Dividend Yield ETF were worth $4,955,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Gallagher Fiduciary Advisors LLC boosted its position in Vanguard High Dividend Yield ETF by 12,273.0% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock worth $1,064,039,000 after purchasing an additional 7,917,178 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 2.4% during the 2nd quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock worth $998,634,000 after buying an additional 178,904 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock valued at $622,955,000 after buying an additional 149,645 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Vanguard High Dividend Yield ETF by 3.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,955,135 shares of the company’s stock valued at $527,659,000 after acquiring an additional 138,262 shares during the period. Finally, Wellspring Financial Advisors LLC increased its holdings in Vanguard High Dividend Yield ETF by 0.6% in the 2nd quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock worth $371,656,000 after acquiring an additional 15,677 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $144.44 on Wednesday. The stock has a market capitalization of $67.53 billion, a PE ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $147.88. The company has a fifty day moving average of $141.96 and a two-hundred day moving average of $138.18.

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.