Princeton Global Asset Management LLC Has $297,000 Stake in Vanguard High Dividend Yield ETF $VYM

Princeton Global Asset Management LLC decreased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 31.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,225 shares of the company’s stock after selling 1,000 shares during the period. Princeton Global Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $297,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Clark Asset Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 68.6% during the first quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock worth $502,000 after buying an additional 1,585 shares in the last quarter. Wesbanco Bank Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 205.0% in the second quarter. Wesbanco Bank Inc. now owns 9,912 shares of the company’s stock valued at $1,321,000 after purchasing an additional 6,662 shares in the last quarter. Sovereign Financial Group Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 4.4% in the second quarter. Sovereign Financial Group Inc. now owns 41,610 shares of the company’s stock valued at $5,547,000 after purchasing an additional 1,762 shares in the last quarter. Wealth Advisory Team LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at approximately $6,764,000. Finally, Novem Group increased its holdings in shares of Vanguard High Dividend Yield ETF by 7.3% in the first quarter. Novem Group now owns 11,958 shares of the company’s stock valued at $1,542,000 after purchasing an additional 810 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $141.23 on Tuesday. The firm has a market cap of $66.03 billion, a P/E ratio of 17.79 and a beta of 0.84. The firm has a 50 day simple moving average of $139.70 and a 200 day simple moving average of $132.92. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $142.22.

Vanguard High Dividend Yield ETF 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.