Financial Perspectives Inc Sells 451 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Financial Perspectives Inc cut its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 133,735 shares of the company’s stock after selling 451 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 6.1% of Financial Perspectives Inc’s holdings, making the stock its 2nd biggest holding. Financial Perspectives Inc’s holdings in Vanguard High Dividend Yield ETF were worth $16,181,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of VYM. Toronto Dominion Bank bought a new position in shares of Vanguard High Dividend Yield ETF during the third quarter worth about $177,000. Elevatus Welath Management bought a new position in shares of Vanguard High Dividend Yield ETF during the third quarter worth about $339,000. Legacy Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 0.6% during the third quarter. Legacy Advisors LLC now owns 25,748 shares of the company’s stock worth $2,660,000 after acquiring an additional 159 shares during the last quarter. Sei Investments Co. raised its position in shares of Vanguard High Dividend Yield ETF by 10.2% during the third quarter. Sei Investments Co. now owns 137,182 shares of the company’s stock worth $14,174,000 after acquiring an additional 12,734 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of Vanguard High Dividend Yield ETF by 3.8% during the third quarter. Royal Bank of Canada now owns 2,270,831 shares of the company’s stock worth $234,621,000 after acquiring an additional 82,283 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM traded up $0.17 during mid-day trading on Thursday, reaching $118.87. 600,172 shares of the company were exchanged, compared to its average volume of 986,612. The business has a 50 day simple moving average of $118.96 and a two-hundred day simple moving average of $116.24. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $121.64. The stock has a market capitalization of $53.82 billion, a PE ratio of 15.88 and a beta of 0.70.

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.