Ausdal Financial Partners Inc. Lowers Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Ausdal Financial Partners Inc. decreased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,486 shares of the company’s stock after selling 334 shares during the period. Ausdal Financial Partners Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $3,635,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of VYM. Citigroup Inc. grew its stake in shares of Vanguard High Dividend Yield ETF by 13.1% in the 3rd quarter. Citigroup Inc. now owns 116,959 shares of the company’s stock worth $14,994,000 after acquiring an additional 13,545 shares in the last quarter. Summit Trail Advisors LLC boosted its holdings in Vanguard High Dividend Yield ETF by 2.2% during the third quarter. Summit Trail Advisors LLC now owns 5,409 shares of the company’s stock worth $693,000 after purchasing an additional 115 shares during the last quarter. Daiwa Securities Group Inc. grew its position in Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 4,270 shares of the company’s stock worth $547,000 after purchasing an additional 270 shares in the last quarter. Brown Brothers Harriman & Co. increased its stake in Vanguard High Dividend Yield ETF by 379.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 35,032 shares of the company’s stock valued at $4,491,000 after buying an additional 27,732 shares during the last quarter. Finally, Private Trust Co. NA increased its stake in Vanguard High Dividend Yield ETF by 1.4% in the 3rd quarter. Private Trust Co. NA now owns 14,247 shares of the company’s stock valued at $1,826,000 after buying an additional 192 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.4 %

Shares of NYSEARCA VYM opened at $129.18 on Wednesday. The company has a market capitalization of $59.40 billion, a PE ratio of 18.95 and a beta of 0.83. The stock’s 50 day moving average price is $131.68 and its 200-day moving average price is $130.24. 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 Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued a dividend of $0.85 per share. The ex-dividend date 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.