Burkett Financial Services LLC Trims Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Burkett Financial Services LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 12,888 shares of the company’s stock after selling 411 shares during the period. Vanguard High Dividend Yield ETF makes up about 0.7% of Burkett Financial Services LLC’s holdings, making the stock its 15th largest holding. Burkett Financial Services LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,652,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chris Bulman Inc purchased a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $26,000. Central Pacific Bank Trust Division purchased a new position in shares of Vanguard High Dividend Yield ETF during the first quarter worth $27,000. Cultivar Capital Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at $44,000. Finally, Clean Yield Group purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at $44,000.

Vanguard High Dividend Yield ETF Trading Up 0.4 %

Vanguard High Dividend Yield ETF stock traded up $0.46 during midday trading on Wednesday, reaching $128.45. 145,576 shares of the stock traded hands, compared to its average volume of 917,285. The firm has a market cap of $58.16 billion, a PE ratio of 15.88 and a beta of 0.70. The company has a 50-day simple moving average of $124.93 and a two-hundred day simple moving average of $121.30. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $128.77.

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.