Parallel Advisors LLC Sells 3,192 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Parallel Advisors LLC cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 43,369 shares of the company’s stock after selling 3,192 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,593,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Lowe Wealth Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 10.0% during the 1st quarter. Lowe Wealth Advisors LLC now owns 29,075 shares of the company’s stock worth $3,749,000 after acquiring an additional 2,638 shares in the last quarter. First County Bank CT purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $2,690,000. GAMMA Investing LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 12,965.2% during the 1st quarter. GAMMA Investing LLC now owns 59,708 shares of the company’s stock worth $7,700,000 after acquiring an additional 59,251 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in shares of Vanguard High Dividend Yield ETF by 29.2% during the 1st quarter. AdvisorNet Financial Inc now owns 41,640 shares of the company’s stock worth $5,370,000 after acquiring an additional 9,400 shares in the last quarter. Finally, Global Wealth Strategies & Associates purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $69,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $128.79 on Friday. The stock has a market capitalization of $58.84 billion, a price-to-earnings ratio of 18.71 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $135.10. The business’s 50 day simple moving average is $124.74 and its 200-day simple moving average is $128.88.

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.