Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Dumont & Blake Investment Advisors LLC

Dumont & Blake Investment Advisors LLC cut its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 50.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,925 shares of the company’s stock after selling 45,977 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 1.6% of Dumont & Blake Investment Advisors LLC’s portfolio, making the stock its 10th biggest holding. Dumont & Blake Investment Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,888,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its position in shares of Vanguard High Dividend Yield ETF by 579.6% during the first 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 raised its stake 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 valued at $43,399,000 after buying an additional 360,192 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $27,104,000. LPL Financial LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 4.6% during the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after acquiring an additional 228,580 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Vanguard High Dividend Yield ETF by 7.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock valued at $247,649,000 after acquiring an additional 153,146 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.1 %

NYSEARCA:VYM traded up $0.09 during mid-day trading on Friday, hitting $129.57. The company’s stock had a trading volume of 38,203 shares, compared to its average volume of 903,179. The company has a market capitalization of $58.67 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $131.85. The stock has a fifty day moving average of $127.08 and a 200-day moving average of $122.10.

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.