Financial Advocates Investment Management Has $3.10 Million Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Financial Advocates Investment Management cut its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,258 shares of the company’s stock after selling 3,813 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard High Dividend Yield ETF were worth $3,095,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VYM. AQR Capital Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 7.5% during the 2nd quarter. AQR Capital Management LLC now owns 4,935 shares of the company’s stock valued at $585,000 after purchasing an additional 343 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 352.5% during the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after buying an additional 356 shares during the last quarter. Alpha Financial Partners LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $468,000. Legacy Private Trust Co. grew its holdings in Vanguard High Dividend Yield ETF by 3.5% during the third quarter. Legacy Private Trust Co. now owns 3,523 shares of the company’s stock worth $452,000 after buying an additional 119 shares in the last quarter. Finally, Brookstone Capital Management raised its position in Vanguard High Dividend Yield ETF by 5.5% in the 3rd quarter. Brookstone Capital Management now owns 70,795 shares of the company’s stock valued at $9,076,000 after buying an additional 3,714 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $133.32 on Thursday. The company has a market capitalization of $60.37 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1 year low of $111.31 and a 1 year high of $135.07. The firm’s fifty day moving average price is $130.52 and its two-hundred day moving average price is $128.19.

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.