Money Concepts Capital Corp Sells 32,907 Shares of Vanguard High Dividend Yield ETF $VYM

Money Concepts Capital Corp lowered its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 17.7% in the fourth quarter, HoldingsChannel reports. The firm owned 153,066 shares of the company’s stock after selling 32,907 shares during the period. Vanguard High Dividend Yield ETF makes up 1.2% of Money Concepts Capital Corp’s portfolio, making the stock its 12th largest position. Money Concepts Capital Corp’s holdings in Vanguard High Dividend Yield ETF were worth $21,968,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VYM. Vantagepoint Investment Advisers LLC bought a new position in Vanguard High Dividend Yield ETF during the third quarter worth about $316,679,000. Rakuten Investment Management Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the third quarter worth approximately $199,321,000. Cornerstone Planning Group LLC lifted its position in Vanguard High Dividend Yield ETF by 57,021.7% during the third quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock worth $74,233,000 after acquiring an additional 525,740 shares during the last quarter. Wellington Management Group LLP lifted its position in Vanguard High Dividend Yield ETF by 493.0% during the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock worth $84,110,000 after acquiring an additional 496,110 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in Vanguard High Dividend Yield ETF by 846.2% during the third quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock worth $56,602,000 after acquiring an additional 359,136 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.2%

Shares of VYM stock opened at $155.81 on Tuesday. The firm has a 50 day moving average price of $151.59 and a two-hundred day moving average price of $148.21. The company has a market capitalization of $76.42 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12-month low of $126.00 and a 12-month high of $157.48.

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.