Bridgewealth Advisory Group LLC Trims Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Bridgewealth Advisory Group LLC decreased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,937 shares of the company’s stock after selling 1,052 shares during the quarter. Vanguard High Dividend Yield ETF makes up 1.6% of Bridgewealth Advisory Group LLC’s portfolio, making the stock its 24th biggest position. Bridgewealth Advisory Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,551,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VYM. LPL Financial LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 4.6% in 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 in the last quarter. Envestnet Asset Management Inc. boosted its stake in Vanguard High Dividend Yield ETF by 1.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock worth $593,076,000 after acquiring an additional 59,826 shares in the last quarter. Vanguard Group Inc. grew its holdings in Vanguard High Dividend Yield ETF by 0.5% in the first quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock worth $392,788,000 after purchasing an additional 16,021 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of Vanguard High Dividend Yield ETF by 7.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock valued at $247,649,000 after purchasing an additional 153,146 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 6.5% during the second quarter. Commonwealth Equity Services LLC now owns 2,127,603 shares of the company’s stock valued at $252,334,000 after purchasing an additional 129,582 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.2 %

Vanguard High Dividend Yield ETF stock opened at $127.00 on Friday. The business’s fifty day simple moving average is $123.76 and its two-hundred day simple moving average is $120.45. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $128.43. The company has a market capitalization of $57.50 billion, a price-to-earnings 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.