MCF Advisors LLC Trims Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

MCF Advisors LLC trimmed its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,148 shares of the company’s stock after selling 272 shares during the quarter. MCF Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,470,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings in Vanguard High Dividend Yield ETF by 4.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,884,792 shares of the company’s stock worth $545,289,000 after acquiring an additional 186,821 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in Vanguard High Dividend Yield ETF by 2.9% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 4,059,220 shares of the company’s stock worth $453,131,000 after acquiring an additional 115,272 shares during the period. UBS Group AG grew its holdings in Vanguard High Dividend Yield ETF by 5.2% during the fourth quarter. UBS Group AG now owns 3,417,686 shares of the company’s stock worth $381,516,000 after acquiring an additional 169,321 shares during the period. Vanguard Group Inc. grew its holdings in Vanguard High Dividend Yield ETF by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 3,230,426 shares of the company’s stock worth $360,612,000 after acquiring an additional 9,362 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $254,023,000.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock traded up $0.29 during trading hours on Friday, hitting $118.60. The stock had a trading volume of 991,732 shares, compared to its average volume of 993,924. The stock has a market capitalization of $53.70 billion, a price-to-earnings 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 $121.64. The stock’s fifty day moving average is $118.89 and its two-hundred day moving average is $116.04.

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.