Magnus Financial Group LLC Has $970,000 Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Magnus Financial Group LLC trimmed its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,177 shares of the company’s stock after selling 478 shares during the period. Magnus Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $970,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VYM. Sachetta LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $26,000. Central Pacific Bank Trust Division bought a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth about $27,000. JNBA Financial Advisors bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $33,000. First United Bank & Trust bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $33,000. Finally, Cultivar Capital Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth about $36,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $125.78 on Wednesday. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $127.50. The company has a market capitalization of $56.95 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The company has a 50-day moving average of $122.07 and a 200-day moving average of $119.54.

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.