Flputnam Investment Management Co. Reduces Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Flputnam Investment Management Co. cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 88.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,516 shares of the company’s stock after selling 99,503 shares during the quarter. Flputnam Investment Management Co.’s holdings in Vanguard High Dividend Yield ETF were worth $1,597,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Princeton Global Asset Management LLC boosted its holdings in Vanguard High Dividend Yield ETF by 28.3% in the third quarter. Princeton Global Asset Management LLC now owns 3,225 shares of the company’s stock valued at $413,000 after purchasing an additional 711 shares during the last quarter. Clear Creek Financial Management LLC boosted its holdings in Vanguard High Dividend Yield ETF by 9.3% in the third quarter. Clear Creek Financial Management LLC now owns 3,216 shares of the company’s stock valued at $412,000 after purchasing an additional 274 shares during the last quarter. Pure Financial Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the third quarter worth about $216,000. Carmichael Hill & Associates Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 1.1% in the third quarter. Carmichael Hill & Associates Inc. now owns 30,196 shares of the company’s stock worth $3,871,000 after acquiring an additional 343 shares during the period. Finally, Conservest Capital Advisors Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 20.1% in the third quarter. Conservest Capital Advisors Inc. now owns 262,108 shares of the company’s stock worth $31,712,000 after acquiring an additional 43,853 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $134.05 on Monday. The firm has a 50-day simple moving average of $131.19 and a two-hundred day simple moving average of $129.73. The company has a market cap of $61.51 billion, a P/E ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a fifty-two week low of $114.37 and a fifty-two week 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.