Stifel Financial Corp Purchases 127,126 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Stifel Financial Corp grew its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,410,961 shares of the company’s stock after purchasing an additional 127,126 shares during the period. Stifel Financial Corp owned about 0.31% of Vanguard High Dividend Yield ETF worth $180,025,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Valley Wealth Managers Inc. boosted its position in Vanguard High Dividend Yield ETF by 314.8% during the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after buying an additional 192 shares during the period. Runnymede Capital Advisors Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $34,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $39,000. Wingate Wealth Advisors Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $39,000. Finally, Pillar Financial Advisors LLC bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $41,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $118.70 on Tuesday. The company has a market capitalization of $54.41 billion, a P/E ratio of 17.96 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 $135.10. The stock has a 50 day moving average price of $127.49 and a two-hundred day moving average price of $129.56.

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.