Tepp RIA LLC Invests $14.34 Million in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Tepp RIA LLC purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 112,423 shares of the company’s stock, valued at approximately $14,344,000. Vanguard High Dividend Yield ETF makes up about 21.2% of Tepp RIA LLC’s holdings, making the stock its 2nd biggest position.

A number of other large investors have also recently bought and sold shares of VYM. JPMorgan Chase & Co. boosted its stake in shares of Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after purchasing an additional 9,363 shares in the last quarter. World Investment Advisors LLC boosted its position in Vanguard High Dividend Yield ETF by 451.3% in the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after buying an additional 18,778 shares in the last quarter. Semmax Financial Advisors Inc. boosted its position in Vanguard High Dividend Yield ETF by 3.2% in the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock valued at $4,910,000 after buying an additional 1,171 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth about $2,588,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of Vanguard High Dividend Yield ETF by 1.3% during the fourth quarter. Bank of New York Mellon Corp now owns 114,629 shares of the company’s stock worth $14,626,000 after buying an additional 1,496 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.3 %

NYSEARCA:VYM opened at $128.87 on Friday. The stock has a market capitalization of $59.25 billion, a P/E ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 1 year low of $114.37 and a 1 year high of $135.10. The firm has a 50 day moving average of $131.63 and a 200-day moving average of $130.22.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were given a $0.85 dividend. The ex-dividend date of this dividend was Friday, March 21st.

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.