Parallel Advisors LLC Sells 1,507 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Parallel Advisors LLC lessened its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 46,561 shares of the company’s stock after selling 1,507 shares during the period. Parallel Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,941,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in VYM. Oppenheimer & Co. Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 2.4% in the third quarter. Oppenheimer & Co. Inc. now owns 6,912 shares of the company’s stock worth $886,000 after purchasing an additional 159 shares during the last quarter. Natixis Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF by 5.7% in the third quarter. Natixis Advisors LLC now owns 93,288 shares of the company’s stock valued at $11,960,000 after purchasing an additional 5,009 shares during the period. MAI Capital Management lifted its position in shares of Vanguard High Dividend Yield ETF by 3.7% in the third quarter. MAI Capital Management now owns 30,968 shares of the company’s stock valued at $3,970,000 after acquiring an additional 1,091 shares in the last quarter. Richard C. Young & CO. LTD. lifted its position in shares of Vanguard High Dividend Yield ETF by 1.7% in the third quarter. Richard C. Young & CO. LTD. now owns 28,020 shares of the company’s stock valued at $3,592,000 after acquiring an additional 465 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 35.1% in the third quarter. Cassaday & Co Wealth Management LLC now owns 4,233 shares of the company’s stock valued at $543,000 after acquiring an additional 1,100 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $129.83 on Tuesday. Vanguard High Dividend Yield ETF has a one year low of $114.37 and a one year high of $135.10. The company has a market cap of $59.69 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. The business’s 50 day moving average price is $131.45 and its 200 day moving average price is $130.08.

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.