Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by PAX Financial Group LLC

PAX Financial Group LLC lessened its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,418 shares of the company’s stock after selling 1,549 shares during the quarter. PAX Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,881,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Climber Capital SA acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $3,934,000. Arete Wealth Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 8.3% during the fourth quarter. Arete Wealth Advisors LLC now owns 11,579 shares of the company’s stock worth $1,477,000 after purchasing an additional 886 shares during the last quarter. World Investment Advisors increased its holdings in shares of Vanguard High Dividend Yield ETF by 10.9% in the 4th quarter. World Investment Advisors now owns 25,444 shares of the company’s stock valued at $3,246,000 after acquiring an additional 2,505 shares during the period. Nicolet Advisory Services LLC lifted its position in Vanguard High Dividend Yield ETF by 15.7% during the 4th quarter. Nicolet Advisory Services LLC now owns 5,440 shares of the company’s stock worth $686,000 after acquiring an additional 740 shares during the period. Finally, Martin Worley Group purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $2,741,000.

Vanguard High Dividend Yield ETF Trading Down 4.1 %

VYM stock opened at $124.11 on Friday. The company’s 50-day moving average price is $131.18 and its 200 day moving average price is $130.33. The company has a market cap of $57.09 billion, a P/E ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 52 week low of $114.37 and a 52 week high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were paid a dividend of $0.85 per share. The ex-dividend date of this dividend was Friday, March 21st.

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.