Southland Equity Partners LLC Reduces Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Southland Equity Partners LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.1% in the fourth quarter, Holdings Channel reports. The fund owned 7,388 shares of the company’s stock after selling 233 shares during the period. Southland Equity Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $943,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VYM. JPMorgan Chase & Co. raised its stake in Vanguard High Dividend Yield ETF by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after purchasing an additional 9,363 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of 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 buying an additional 36,239 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Vanguard High Dividend Yield ETF by 6.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after buying an additional 121,099 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Vanguard High Dividend Yield ETF by 1.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock valued at $230,233,000 after buying an additional 19,071 shares during the period. Finally, Mesirow Financial Investment Management Inc. lifted its holdings in 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 during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.7 %

Shares of Vanguard High Dividend Yield ETF stock opened at $133.00 on Friday. The firm has a market cap of $60.22 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52 week low of $111.31 and a 52 week high of $135.07. The business’s fifty day simple moving average is $130.48 and its 200-day simple moving average is $127.47.

About Vanguard High Dividend Yield ETF

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.