Lake Street Advisors Group LLC Sells 1,996 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Lake Street Advisors Group LLC cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,134 shares of the company’s stock after selling 1,996 shares during the quarter. Lake Street Advisors Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,991,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Chris Bulman Inc purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at approximately $26,000. Central Pacific Bank Trust Division acquired a new position in shares of Vanguard High Dividend Yield ETF in the first quarter valued at approximately $27,000. Cultivar Capital Inc. acquired a new position in Vanguard High Dividend Yield ETF during the second quarter worth approximately $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the first quarter worth approximately $44,000. Finally, Clean Yield Group bought a new position in Vanguard High Dividend Yield ETF during the 1st quarter valued at $44,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock traded up $0.30 during trading hours on Friday, reaching $129.78. The stock had a trading volume of 145,192 shares, compared to its average volume of 903,696. The firm has a 50-day simple moving average of $127.08 and a 200-day simple moving average of $122.10. The firm has a market capitalization of $58.76 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 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.