Patriot Financial Group Insurance Agency LLC Trims Holdings in Vanguard High Dividend Yield ETF $VYM

Patriot Financial Group Insurance Agency LLC trimmed its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,354 shares of the company’s stock after selling 537 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Vanguard High Dividend Yield ETF were worth $580,000 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 VYM. Brighton Jones LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 23.3% during the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after acquiring an additional 3,177 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 12,965.2% during the 1st quarter. GAMMA Investing LLC now owns 59,708 shares of the company’s stock worth $7,700,000 after acquiring an additional 59,251 shares during the period. Clark Asset Management LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 68.6% during the 1st quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock worth $502,000 after acquiring an additional 1,585 shares during the period. Magnus Financial Group LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 1.5% during the 1st quarter. Magnus Financial Group LLC now owns 10,213 shares of the company’s stock worth $1,317,000 after acquiring an additional 150 shares during the period. Finally, Sovereign Financial Group Inc. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 9.2% during the 1st quarter. Sovereign Financial Group Inc. now owns 39,848 shares of the company’s stock worth $5,139,000 after acquiring an additional 3,351 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $141.55 on Friday. The firm has a market cap of $65.54 billion, a P/E ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $142.22. The firm’s 50-day simple moving average is $138.50 and its 200-day simple moving average is $131.91.

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.