Mid American Wealth Advisory Group Inc. Sells 359 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Mid American Wealth Advisory Group Inc. decreased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 16.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,817 shares of the company’s stock after selling 359 shares during the quarter. Mid American Wealth Advisory Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $232,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VYM. Mercer Global Advisors Inc. ADV raised its position in Vanguard High Dividend Yield ETF by 7.4% in 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. JPMorgan Chase & Co. lifted its stake in shares of Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after acquiring an additional 9,363 shares during the last quarter. Commonwealth Equity Services LLC boosted 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 valued at $277,405,000 after acquiring an additional 36,239 shares during the period. The Manufacturers Life Insurance Company grew its position in Vanguard High Dividend Yield ETF by 6.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after acquiring an additional 121,099 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Vanguard High Dividend Yield ETF by 1.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,785,400 shares of the company’s stock worth $228,888,000 after purchasing an additional 19,205 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.4 %

Shares of NYSEARCA:VYM traded up $0.47 during trading on Monday, reaching $126.58. 1,346,524 shares of the company traded hands, compared to its average volume of 1,407,941. Vanguard High Dividend Yield ETF has a 52-week low of $109.47 and a 52-week high of $135.07. The firm has a market capitalization of $57.31 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The business’s fifty day moving average is $130.57 and its 200-day moving average is $126.86.

About Vanguard High Dividend Yield ETF

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.