Pacific Sun Financial Corp Lowers Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

by · The Cerbat Gem

Pacific Sun Financial Corp trimmed its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Free Report) by 4.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,691 shares of the company’s stock after selling 740 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 1.0% of Pacific Sun Financial Corp’s portfolio, making the stock its 23rd largest holding. Pacific Sun Financial Corp’s holdings in Vanguard High Dividend Yield ETF were worth $1,883,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Cetera Investment Advisers lifted its stake 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 worth $192,241,000 after purchasing an additional 1,355,103 shares in the last quarter. Sanibel Captiva Trust Company Inc. acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $97,395,000. Strategic Financial Concepts LLC boosted its holdings in 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 worth $43,399,000 after acquiring an additional 360,192 shares during the period. Sanctuary Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $27,104,000. Finally, LPL Financial LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 4.6% during the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock valued at $619,528,000 after purchasing an additional 228,580 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.8 %

Shares of NYSEARCA VYM traded up $1.07 during trading on Friday, reaching $129.84. 402,647 shares of the stock were exchanged, compared to its average volume of 914,639. The business’s 50-day moving average price is $125.15 and its 200 day moving average price is $121.41. The company has a market capitalization of $58.79 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $130.13.

Vanguard High Dividend Yield ETF Profile

(Free Report)

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.

Recommended Stories