Howe & Rusling Inc. Has $8.38 Million Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Howe & Rusling Inc. raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 65,382 shares of the company’s stock after purchasing an additional 7,947 shares during the period. Howe & Rusling Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $8,382,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VYM. LPL Financial LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 4.6% during the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after acquiring an additional 228,580 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard High Dividend Yield ETF by 1.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock valued at $593,076,000 after purchasing an additional 59,826 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock valued at $392,788,000 after purchasing an additional 16,021 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Vanguard High Dividend Yield ETF by 7.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after buying an additional 153,146 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 1.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after buying an additional 36,239 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.4 %

NYSEARCA:VYM opened at $130.78 on Wednesday. The firm has a market capitalization of $59.22 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a twelve month low of $104.87 and a twelve month high of $133.45. The stock’s 50-day simple moving average is $129.00 and its 200 day simple moving average is $123.90.

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.