PFG Advisors Sells 1,548 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

PFG Advisors cut its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 112,391 shares of the company’s stock after selling 1,548 shares during the quarter. Vanguard High Dividend Yield ETF comprises 0.9% of PFG Advisors’ portfolio, making the stock its 16th largest position. PFG Advisors’ holdings in Vanguard High Dividend Yield ETF were worth $14,340,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. HighTower Advisors LLC boosted its stake in Vanguard High Dividend Yield ETF by 1.7% in the fourth quarter. HighTower Advisors LLC now owns 1,024,401 shares of the company’s stock valued at $130,703,000 after acquiring an additional 16,945 shares during the last quarter. New England Private Wealth Advisors LLC boosted its stake in Vanguard High Dividend Yield ETF by 25.7% in the fourth quarter. New England Private Wealth Advisors LLC now owns 18,119 shares of the company’s stock valued at $2,315,000 after acquiring an additional 3,704 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard High Dividend Yield ETF by 17,578.5% in the fourth quarter. Wealthfront Advisers LLC now owns 413,500 shares of the company’s stock valued at $52,758,000 after acquiring an additional 411,161 shares during the last quarter. Donaldson Capital Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 2.7% in the fourth quarter. Donaldson Capital Management LLC now owns 31,322 shares of the company’s stock valued at $3,996,000 after acquiring an additional 814 shares during the last quarter. Finally, O Dell Group LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $258,000.

Vanguard High Dividend Yield ETF Stock Down 1.2 %

Shares of NYSEARCA VYM opened at $127.91 on Wednesday. The company’s fifty day moving average is $131.45 and its 200-day moving average is $130.02. The stock has a market cap of $58.69 billion, a price-to-earnings ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10.

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.