PFG Private Wealth Management LLC Lowers Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

PFG Private Wealth Management LLC lowered its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 43.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,186 shares of the company’s stock after selling 30,931 shares during the quarter. Vanguard High Dividend Yield ETF makes up 2.9% of PFG Private Wealth Management LLC’s holdings, making the stock its 13th largest position. PFG Private Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,127,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $921,398,000. SBI Securities Co. Ltd. purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $77,577,000. Mesirow Financial Investment Management Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 101.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after acquiring an additional 552,003 shares in the last quarter. Bell Bank lifted its position in shares of Vanguard High Dividend Yield ETF by 169.0% in the fourth quarter. Bell Bank now owns 696,473 shares of the company’s stock valued at $88,863,000 after acquiring an additional 437,527 shares in the last quarter. Finally, Accredited Investors Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 18,516.9% in the third quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock valued at $51,242,000 after acquiring an additional 397,558 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $130.77 on Thursday. The company has a market cap of $60.01 billion, a PE ratio of 19.65 and a beta of 0.85. The stock’s 50 day simple moving average is $131.35 and its 200-day simple moving average is $129.85. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10.

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.