J.W. Cole Advisors Inc. Cuts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

J.W. Cole Advisors Inc. lessened its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,355 shares of the company’s stock after selling 108 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $4,404,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC increased its holdings 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 purchasing an additional 228,580 shares during the period. Envestnet Asset Management Inc. increased its holdings in Vanguard High Dividend Yield ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock worth $593,076,000 after purchasing an additional 59,826 shares during the period. Vanguard Group Inc. increased its holdings in Vanguard High Dividend Yield ETF by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock worth $392,788,000 after purchasing an additional 16,021 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in Vanguard High Dividend Yield ETF by 7.4% during 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 during the period. Finally, Commonwealth Equity Services LLC increased its holdings 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 period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM traded down $1.05 on Friday, hitting $128.43. 716,113 shares of the company’s stock were exchanged, compared to its average volume of 906,453. The firm’s 50-day moving average is $127.30 and its 200 day moving average is $122.23. The company has a market capitalization of $58.15 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year 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.