Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC reduced its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 37.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,282 shares of the company’s stock after selling 15,186 shares during the quarter. Sowell Financial Services LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,226,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $921,398,000. JPMorgan Chase & Co. increased its stake in Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after purchasing an additional 9,363 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after purchasing an additional 121,099 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Vanguard High Dividend Yield ETF by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock valued at $230,233,000 after purchasing an additional 19,071 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its stake in Vanguard High Dividend Yield ETF by 13.9% in the 4th quarter. Jones Financial Companies Lllp now owns 1,630,781 shares of the company’s stock valued at $208,071,000 after purchasing an additional 198,882 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $131.23 on Monday. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10. The company has a market capitalization of $60.22 billion, a P/E ratio of 19.65 and a beta of 0.85. The business has a 50 day moving average price of $131.40 and a 200 day moving average price of $129.97.

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.