Vanguard High Dividend Yield ETF (NYSEARCA:VYM) is Raab & Moskowitz Asset Management LLC’s 10th Largest Position

Raab & Moskowitz Asset Management LLC boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,188 shares of the company’s stock after purchasing an additional 4,461 shares during the quarter. Vanguard High Dividend Yield ETF comprises 2.0% of Raab & Moskowitz Asset Management LLC’s investment portfolio, making the stock its 10th biggest position. Raab & Moskowitz Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $7,376,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Chris Bulman Inc bought a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth $26,000. Central Pacific Bank Trust Division bought a new stake in Vanguard High Dividend Yield ETF during the first quarter worth about $27,000. Cultivar Capital Inc. bought a new stake in Vanguard High Dividend Yield ETF during the second quarter worth about $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth about $44,000. Finally, Clean Yield Group bought a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter valued at about $44,000.

Vanguard High Dividend Yield ETF Trading Up 0.3 %

Shares of NYSEARCA VYM opened at $127.76 on Friday. The stock has a market cap of $57.85 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock’s 50-day moving average is $124.08 and its 200 day moving average is $120.71. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $128.44.

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.