PFG Investments LLC Sells 15,804 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

PFG Investments LLC reduced its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 26.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,958 shares of the company’s stock after selling 15,804 shares during the period. PFG Investments LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,764,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Chris Bulman Inc bought a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter valued at approximately $26,000. Central Pacific Bank Trust Division purchased a new position in shares of Vanguard High Dividend Yield ETF in the first quarter worth $27,000. Cultivar Capital Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the second quarter valued at $36,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in Vanguard High Dividend Yield ETF in the 1st quarter worth about $44,000. Finally, Clean Yield Group purchased a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth about $44,000.

Vanguard High Dividend Yield ETF Stock Down 0.8 %

VYM traded down $1.05 during midday trading on Friday, hitting $128.43. 716,113 shares of the company traded hands, compared to its average volume of 906,453. The company’s 50-day moving average is $127.30 and its 200 day moving average is $122.21. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $131.85. The firm 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 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.