McAdam LLC Cuts Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

McAdam LLC decreased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 4,310 shares of the company’s stock after selling 264 shares during the period. McAdam LLC’s holdings in Vanguard High Dividend Yield ETF were worth $553,000 at the end of the most recent reporting period.

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

Vanguard High Dividend Yield ETF Stock Down 0.2 %

Shares of Vanguard High Dividend Yield ETF stock opened at $129.48 on Friday. The firm’s 50 day moving average price is $127.08 and its 200-day moving average price is $122.10. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $131.85. The company has a market cap of $58.63 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.