Kiely Wealth Advisory Group Inc. Acquires 569 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Kiely Wealth Advisory Group Inc. lifted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4,064.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 583 shares of the company’s stock after purchasing an additional 569 shares during the period. Kiely Wealth Advisory Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $70,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC boosted its stake in Vanguard High Dividend Yield ETF by 4.6% in the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock valued at $619,528,000 after acquiring an additional 228,580 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Vanguard High Dividend Yield ETF by 1.2% during the second 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 during the period. Vanguard Group Inc. increased its holdings in 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 worth $392,788,000 after acquiring an additional 16,021 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in Vanguard High Dividend Yield ETF by 7.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock valued at $247,649,000 after purchasing an additional 153,146 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in Vanguard High Dividend Yield ETF by 6.5% during the second quarter. Commonwealth Equity Services LLC now owns 2,127,603 shares of the company’s stock worth $252,334,000 after purchasing an additional 129,582 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 0.2 %

VYM opened at $127.00 on Friday. The firm has a 50-day moving average price of $123.76 and a 200-day moving average price of $120.42. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $128.43. The company has a market capitalization of $57.50 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.