Lindbrook Capital LLC Cuts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Lindbrook Capital LLC cut its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.0% in the third quarter, HoldingsChannel.com reports. The firm owned 8,838 shares of the company’s stock after selling 89 shares during the period. Lindbrook Capital LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,133,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. LPL Financial LLC grew its stake in Vanguard High Dividend Yield ETF by 4.6% during the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after buying an additional 228,580 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 1.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock valued at $593,076,000 after acquiring an additional 59,826 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock valued at $392,788,000 after purchasing an additional 16,021 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Vanguard High Dividend Yield ETF by 7.4% in the 2nd 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 in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Vanguard High Dividend Yield ETF by 1.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after purchasing an additional 36,239 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.5 %

NYSEARCA VYM opened at $132.50 on Friday. The company has a fifty day simple moving average of $128.11 and a two-hundred day simple moving average of $123.11. Vanguard High Dividend Yield ETF has a 12-month low of $101.53 and a 12-month high of $132.85. The stock has a market cap of $59.99 billion, a P/E 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.