Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Stake Decreased by Cedar Brook Financial Partners LLC

Cedar Brook Financial Partners LLC lessened its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 16,480 shares of the company’s stock after selling 1,152 shares during the quarter. Cedar Brook Financial Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,748,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Delta Asset Management LLC TN bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $27,000. Sunbelt Securities Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $32,000. Ridgewood Investments LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $49,000. Pacifica Partners Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 50.0% during the first quarter. Pacifica Partners Inc. now owns 504 shares of the company’s stock valued at $53,000 after buying an additional 168 shares during the last quarter. Finally, Coppell Advisory Solutions Corp. bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $59,000.

Vanguard High Dividend Yield ETF Stock Up 0.9 %

VYM traded up $0.97 during trading on Thursday, reaching $108.36. The stock had a trading volume of 160,324 shares, compared to its average volume of 1,561,540. The firm has a market capitalization of $49.78 billion, a price-to-earnings ratio of 13.80 and a beta of 0.84. Vanguard High Dividend Yield ETF has a 1-year low of $94.59 and a 1-year high of $113.78. The stock has a 50 day moving average of $107.78 and a two-hundred day moving average of $105.84.

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.