Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management trimmed its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,071 shares of the company’s stock after selling 964 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard High Dividend Yield ETF were worth $3,599,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cetera Investment Advisers raised its holdings in Vanguard High Dividend Yield ETF by 579.6% during the first quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock valued at $192,241,000 after buying an additional 1,355,103 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in Vanguard High Dividend Yield ETF by 6,282.8% during the second quarter. Strategic Financial Concepts LLC now owns 365,925 shares of the company’s stock valued at $43,399,000 after purchasing an additional 360,192 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF during the second quarter valued at approximately $27,104,000. LPL Financial LLC boosted its holdings in Vanguard High Dividend Yield ETF by 4.6% during the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock valued at $619,528,000 after purchasing an additional 228,580 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vanguard High Dividend Yield ETF by 7.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after acquiring an additional 153,146 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $128.52 on Thursday. The stock’s fifty day moving average price is $127.57 and its two-hundred day moving average price is $122.47. Vanguard High Dividend Yield ETF has a 52-week low of $99.60 and a 52-week high of $131.85. The company has a market cap of $58.19 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.