Cooper Financial Group Sells 191 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cooper Financial Group reduced its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,891 shares of the company’s stock after selling 191 shares during the quarter. Cooper Financial Group’s holdings in Vanguard High Dividend Yield ETF were worth $229,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth about $254,023,000. Pathstone Holdings LLC bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $164,899,000. Sanibel Captiva Trust Company Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at $97,395,000. BKM Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $717,000. Finally, Arlington Trust Co LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 456.6% in the fourth quarter. Arlington Trust Co LLC now owns 456,274 shares of the company’s stock worth $50,934,000 after purchasing an additional 374,301 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 1.1 %

Shares of VYM stock opened at $118.88 on Monday. The company has a 50 day moving average price of $118.54 and a 200-day moving average price of $115.77. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $121.64. The firm has a market capitalization of $53.83 billion, a PE ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF 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.