Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Stake Cut by ERn Financial LLC

ERn Financial LLC cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.8% in the fourth quarter, HoldingsChannel reports. The fund owned 3,088 shares of the company’s stock after selling 156 shares during the quarter. ERn Financial LLC’s holdings in Vanguard High Dividend Yield ETF were worth $394,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in VYM. JPMorgan Chase & Co. increased its stake in shares of Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after acquiring an additional 9,363 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Vanguard High Dividend Yield ETF by 1.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after purchasing an additional 36,239 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Vanguard High Dividend Yield ETF by 6.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after purchasing an additional 121,099 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 1.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,785,400 shares of the company’s stock valued at $228,888,000 after buying an additional 19,205 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. increased its holdings in Vanguard High Dividend Yield ETF by 101.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after buying an additional 552,003 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $130.72 on Friday. The firm has a market cap of $59.19 billion, a PE ratio of 15.88 and a beta of 0.70. The firm’s 50 day moving average price is $130.51 and its 200 day moving average price is $127.01. Vanguard High Dividend Yield ETF has a twelve month low of $109.47 and a twelve month high of $135.07.

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.