Juno Financial Group LLC Buys Shares of 114,670 Vanguard High Dividend Yield ETF $VYM

Juno Financial Group LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 114,670 shares of the company’s stock, valued at approximately $16,457,000. Vanguard High Dividend Yield ETF comprises about 6.6% of Juno Financial Group LLC’s portfolio, making the stock its 5th biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in VYM. Vantagepoint Investment Advisers LLC acquired a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $316,679,000. Rakuten Investment Management Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the third quarter valued at approximately $199,321,000. Cornerstone Planning Group LLC raised its position in shares of Vanguard High Dividend Yield ETF by 57,021.7% in the third quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock valued at $74,233,000 after purchasing an additional 525,740 shares during the period. Wellington Management Group LLP raised its position in shares of Vanguard High Dividend Yield ETF by 493.0% in the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock valued at $84,110,000 after purchasing an additional 496,110 shares during the period. Finally, AQR Capital Management LLC raised its position in shares of Vanguard High Dividend Yield ETF by 846.2% in the third quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock valued at $56,602,000 after purchasing an additional 359,136 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.3%

NYSEARCA:VYM opened at $154.82 on Thursday. Vanguard High Dividend Yield ETF has a 12 month low of $121.35 and a 12 month high of $157.29. The firm has a market cap of $75.93 billion, a price-to-earnings ratio of 17.79 and a beta of 0.74. The company’s 50 day moving average is $151.48 and its 200-day moving average is $146.98.

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.