Prime Capital Investment Advisors LLC Reduces Stock Position in Vanguard High Dividend Yield ETF $VYM

Prime Capital Investment Advisors LLC decreased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 14.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 48,489 shares of the company’s stock after selling 7,903 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $6,464,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth $366,524,000. SCS Capital Management LLC acquired a new stake in Vanguard High Dividend Yield ETF during the first quarter worth about $198,685,000. Ameriprise Financial Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 10.8% in the 1st quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock valued at $492,413,000 after purchasing an additional 372,066 shares during the last quarter. HighTower Advisors LLC boosted its holdings in Vanguard High Dividend Yield ETF by 26.2% in the 1st quarter. HighTower Advisors LLC now owns 1,293,248 shares of the company’s stock valued at $166,777,000 after purchasing an additional 268,847 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Vanguard High Dividend Yield ETF by 15.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,882,559 shares of the company’s stock valued at $240,217,000 after buying an additional 251,778 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $141.26 on Tuesday. The firm has a market cap of $66.05 billion, a PE ratio of 17.79 and a beta of 0.84. The firm’s 50 day moving average price is $138.60 and its 200-day moving average price is $132.01. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $142.22.

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.