SFG Wealth Management LLC. Has $287,000 Stake in Vanguard High Dividend Yield ETF $VYM

SFG Wealth Management LLC. lowered its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,150 shares of the company’s stock after selling 88 shares during the quarter. SFG Wealth Management LLC.’s holdings in Vanguard High Dividend Yield ETF were worth $287,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Raymond James Financial Inc. boosted its position in shares of Vanguard High Dividend Yield ETF by 1.3% during the 1st quarter. Raymond James Financial Inc. now owns 7,312,162 shares of the company’s stock worth $942,976,000 after purchasing an additional 90,605 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard High Dividend Yield ETF by 2.1% during the 1st quarter. LPL Financial LLC now owns 5,760,304 shares of the company’s stock worth $742,849,000 after buying an additional 117,074 shares during the period. Ameriprise Financial Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 10.8% in the first quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock worth $492,413,000 after acquiring an additional 372,066 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $366,524,000. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 6.3% during the first quarter. Commonwealth Equity Services LLC now owns 2,490,460 shares of the company’s stock valued at $321,170,000 after acquiring an additional 146,915 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.7%

Shares of NYSEARCA:VYM opened at $140.53 on Wednesday. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $142.22. The stock’s 50 day moving average is $139.25 and its 200-day moving average is $132.45. The firm has a market capitalization of $65.70 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

About Vanguard High Dividend Yield ETF

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.