Advisory Services Network LLC Has $8.64 Million Stock Holdings in Vanguard High Dividend Yield ETF $VYM

Advisory Services Network LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,413 shares of the company’s stock after selling 3,743 shares during the period. Advisory Services Network LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,640,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of VYM. Atwood & Palmer Inc. bought a new stake in Vanguard High Dividend Yield ETF in the second quarter worth $26,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth about $27,000. Financial Management Professionals Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $31,000. Strategic Investment Solutions Inc. IL raised its stake in shares of Vanguard High Dividend Yield ETF by 92.0% in the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $35,000 after acquiring an additional 126 shares in the last quarter. Finally, Kiker Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $35,000.

Vanguard High Dividend Yield ETF Stock Down 1.2%

Shares of Vanguard High Dividend Yield ETF stock opened at $146.01 on Monday. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $147.88. The stock has a 50 day moving average price of $141.80 and a two-hundred day moving average price of $137.95. The stock has a market capitalization of $68.27 billion, a P/E ratio of 17.79 and a beta of 0.79.

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.