Focus Financial Network Inc. Lowers Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Focus Financial Network Inc. trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 233,294 shares of the company’s stock after selling 8,415 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 1.2% of Focus Financial Network Inc.’s holdings, making the stock its 13th biggest position. Focus Financial Network Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $28,996,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VYM. Sanibel Captiva Trust Company Inc. boosted its position in shares of Vanguard High Dividend Yield ETF by 3.3% during the second quarter. Sanibel Captiva Trust Company Inc. now owns 792,385 shares of the company’s stock worth $93,977,000 after acquiring an additional 25,503 shares during the last quarter. LongView Wealth Management boosted its holdings in shares of Vanguard High Dividend Yield ETF by 10.6% during the 2nd quarter. LongView Wealth Management now owns 5,025 shares of the company’s stock valued at $596,000 after purchasing an additional 480 shares during the last quarter. Mayfair Advisory Group LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 5.0% during the 2nd quarter. Mayfair Advisory Group LLC now owns 4,705 shares of the company’s stock valued at $572,000 after purchasing an additional 224 shares during the last quarter. Carnegie Investment Counsel grew its position in shares of Vanguard High Dividend Yield ETF by 0.9% during the second quarter. Carnegie Investment Counsel now owns 15,339 shares of the company’s stock valued at $1,819,000 after purchasing an additional 143 shares in the last quarter. Finally, Wealthspan Partners LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 7.9% in the second quarter. Wealthspan Partners LLC now owns 37,290 shares of the company’s stock worth $4,423,000 after purchasing an additional 2,719 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.5 %

Vanguard High Dividend Yield ETF stock traded down $0.64 during midday trading on Tuesday, reaching $123.91. 580,029 shares of the stock traded hands, compared to its average volume of 954,996. The stock has a market cap of $56.11 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock’s fifty day moving average is $120.64 and its 200-day moving average is $118.56. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $125.07.

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.