Tepp RIA LLC Raises Stock Position in Vanguard High Dividend Yield ETF $VYM

Tepp RIA LLC boosted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 108,931 shares of the company’s stock after purchasing an additional 4,150 shares during the period. Vanguard High Dividend Yield ETF comprises 15.4% of Tepp RIA LLC’s holdings, making the stock its 3rd biggest holding. Tepp RIA LLC’s holdings in Vanguard High Dividend Yield ETF were worth $15,634,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. lifted its stake in Vanguard High Dividend Yield ETF by 2.4% in the second quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock worth $998,634,000 after purchasing an additional 178,904 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Vanguard High Dividend Yield ETF by 1.6% in the third quarter. Ameriprise Financial Inc. now owns 4,019,262 shares of the company’s stock worth $566,458,000 after purchasing an additional 64,127 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Vanguard High Dividend Yield ETF by 6.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 2,646,199 shares of the company’s stock worth $372,979,000 after purchasing an additional 157,950 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Vanguard High Dividend Yield ETF by 9.3% in the third quarter. Jones Financial Companies Lllp now owns 2,343,326 shares of the company’s stock worth $329,904,000 after purchasing an additional 200,130 shares during the last quarter. Finally, Vantagepoint Investment Advisers LLC lifted its stake in Vanguard High Dividend Yield ETF by 3.0% in the fourth quarter. Vantagepoint Investment Advisers LLC now owns 2,314,911 shares of the company’s stock worth $332,236,000 after purchasing an additional 68,167 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.1%

Shares of Vanguard High Dividend Yield ETF stock opened at $155.96 on Wednesday. The stock’s fifty day moving average is $151.61 and its two-hundred day moving average is $148.32. The company has a market capitalization of $76.49 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 52 week low of $126.00 and a 52 week high of $157.48.

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.