Franklin Resources Inc. Increases Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Franklin Resources Inc. increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.0% during the third quarter, according to its most recent filing with the SEC. The fund owned 17,122 shares of the company’s stock after buying an additional 1,127 shares during the quarter. Franklin Resources Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $2,242,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in VYM. Chris Bulman Inc bought a new position in Vanguard High Dividend Yield ETF during the second quarter worth about $26,000. FSA Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $26,000. Highline Wealth Partners LLC purchased a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $45,000. GAMMA Investing LLC raised its holdings in Vanguard High Dividend Yield ETF by 352.5% during the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after acquiring an additional 356 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC bought a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter valued at $64,000.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $129.35 on Friday. The firm has a market capitalization of $58.57 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a one year low of $109.47 and a one year high of $135.07. The business has a fifty day moving average price of $130.89 and a 200-day moving average price of $126.09.

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.