Scarborough Advisors LLC Sells 92 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Scarborough Advisors LLC reduced its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,507 shares of the company’s stock after selling 92 shares during the period. Scarborough Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of VYM. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.4% during the third 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 period. Commonwealth Equity Services LLC boosted its position in Vanguard High Dividend Yield ETF by 1.7% in the third quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock valued at $277,405,000 after buying an additional 36,239 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Vanguard High Dividend Yield ETF by 6.8% during the third quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after buying an additional 121,099 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 1.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock worth $230,233,000 after buying an additional 19,071 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 101.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after acquiring an additional 552,003 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $133.77 on Friday. The business’s 50 day simple moving average is $130.45 and its 200-day simple moving average is $128.64. Vanguard High Dividend Yield ETF has a one year low of $113.00 and a one year high of $135.07. The company has a market capitalization of $60.57 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.