Northwestern Mutual Wealth Management Co. Acquires 12,107 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 205,132 shares of the company’s stock after buying an additional 12,107 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard High Dividend Yield ETF were worth $24,328,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. FSB Premier Wealth Management Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 3.8% during the 2nd quarter. FSB Premier Wealth Management Inc. now owns 2,282 shares of the company’s stock worth $271,000 after purchasing an additional 83 shares during the last quarter. Mechanics Bank Trust Department increased its position in Vanguard High Dividend Yield ETF by 0.4% in the first quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock worth $2,987,000 after buying an additional 88 shares during the last quarter. KFA Private Wealth Group LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 4.7% in the first quarter. KFA Private Wealth Group LLC now owns 1,966 shares of the company’s stock valued at $238,000 after buying an additional 89 shares during the period. Burkett Financial Services LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 0.7% during the 2nd quarter. Burkett Financial Services LLC now owns 13,299 shares of the company’s stock valued at $1,577,000 after buying an additional 92 shares during the last quarter. Finally, LVW Advisors LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 0.9% during the 2nd quarter. LVW Advisors LLC now owns 10,985 shares of the company’s stock worth $1,303,000 after acquiring an additional 93 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $128.14 on Tuesday. The stock has a market capitalization of $58.02 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $128.44. The stock’s 50-day simple moving average is $124.29 and its 200 day simple moving average is $120.89.

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.