Ironsides Asset Advisors LLC Sells 1,024 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Ironsides Asset Advisors LLC trimmed its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,424 shares of the company’s stock after selling 1,024 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 1.3% of Ironsides Asset Advisors LLC’s holdings, making the stock its 12th biggest holding. Ironsides Asset Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $4,413,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in VYM. Cetera Investment Advisers boosted its stake in shares of Vanguard High Dividend Yield ETF by 579.6% in the first quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock valued at $192,241,000 after buying an additional 1,355,103 shares during the period. Strategic Financial Concepts LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 6,282.8% during the 2nd quarter. Strategic Financial Concepts LLC now owns 365,925 shares of the company’s stock worth $43,399,000 after purchasing an additional 360,192 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the second quarter worth $27,104,000. LPL Financial LLC lifted its position in Vanguard High Dividend Yield ETF by 4.6% during the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after purchasing an additional 228,580 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its stake in Vanguard High Dividend Yield ETF by 7.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after buying an additional 153,146 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 2.9 %

Shares of NYSEARCA:VYM opened at $132.38 on Thursday. The firm has a 50 day moving average of $127.89 and a 200-day moving average of $122.94. Vanguard High Dividend Yield ETF has a 12 month low of $101.53 and a 12 month high of $132.61. The stock has a market capitalization of $59.94 billion, a PE 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.