Valley National Advisers Inc. Sells 4,015 Shares of Vanguard High Dividend Yield ETF $VYM

Valley National Advisers Inc. cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 40.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 5,839 shares of the company’s stock after selling 4,015 shares during the quarter. Valley National Advisers Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $822,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VYM. Gallagher Fiduciary Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 12,273.0% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock worth $1,064,039,000 after purchasing an additional 7,917,178 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Vanguard High Dividend Yield ETF by 2.4% in the 2nd quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock valued at $998,634,000 after buying an additional 178,904 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard High Dividend Yield ETF by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock worth $622,955,000 after buying an additional 149,645 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 3.6% during the second quarter. Ameriprise Financial Inc. now owns 3,955,135 shares of the company’s stock worth $527,659,000 after buying an additional 138,262 shares in the last quarter. Finally, Wellspring Financial Advisors LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 0.6% in the second quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock valued at $371,656,000 after acquiring an additional 15,677 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $145.09 on Friday. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $147.88. The company has a market capitalization of $67.84 billion, a PE ratio of 17.79 and a beta of 0.79. The company’s 50-day simple moving average is $142.67 and its 200 day simple moving average is $138.92.

Vanguard High Dividend Yield ETF 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.