Principal Securities Inc. Trims Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Principal Securities Inc. trimmed its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 40,923 shares of the company’s stock after selling 1,539 shares during the period. Principal Securities Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $5,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. Cetera Investment Advisers grew its holdings in shares of Vanguard High Dividend Yield ETF by 579.6% in the 1st quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock worth $192,241,000 after acquiring an additional 1,355,103 shares during the period. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 6,282.8% during the second quarter. Strategic Financial Concepts LLC now owns 365,925 shares of the company’s stock worth $43,399,000 after purchasing an additional 360,192 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth $27,104,000. LPL Financial LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 4.6% during the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after purchasing an additional 228,580 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vanguard High Dividend Yield ETF by 7.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after purchasing an additional 153,146 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.2 %

Shares of VYM opened at $127.50 on Friday. The firm has a market capitalization of $57.73 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock’s fifty day simple moving average is $127.68 and its 200 day simple moving average is $122.59. Vanguard High Dividend Yield ETF has a twelve month low of $101.46 and a twelve month high of $131.85.

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.