Shulman DeMeo Asset Management LLC Lowers Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Shulman DeMeo Asset Management LLC cut its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 17.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,285 shares of the company’s stock after selling 681 shares during the period. Shulman DeMeo Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $419,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in Vanguard High Dividend Yield ETF by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after purchasing an additional 9,363 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 1.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock valued at $277,405,000 after buying an additional 36,239 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after buying an additional 121,099 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Vanguard High Dividend Yield ETF by 1.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,785,400 shares of the company’s stock worth $228,888,000 after buying an additional 19,205 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after acquiring an additional 552,003 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

Shares of VYM opened at $130.72 on Friday. The company has a 50 day moving average of $130.51 and a two-hundred day moving average of $127.01. Vanguard High Dividend Yield ETF has a twelve month low of $109.47 and a twelve month high of $135.07. The company has a market cap of $59.19 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.