Level Four Advisory Services LLC Sells 8,139 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Level Four Advisory Services LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 21.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,488 shares of the company’s stock after selling 8,139 shares during the period. Level Four Advisory Services LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,890,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after purchasing an additional 9,363 shares during the last quarter. World Investment Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 451.3% during the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock worth $2,941,000 after acquiring an additional 18,778 shares during the last quarter. Semmax Financial Advisors Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 3.2% during the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after acquiring an additional 1,171 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at $2,588,000. Finally, Bank of New York Mellon Corp boosted its holdings in Vanguard High Dividend Yield ETF by 1.3% in the fourth quarter. Bank of New York Mellon Corp now owns 114,629 shares of the company’s stock valued at $14,626,000 after acquiring an additional 1,496 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 1.0 %

Shares of VYM stock opened at $127.55 on Friday. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10. The firm has a market cap of $58.65 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. The stock has a 50-day moving average price of $131.55 and a 200 day moving average price of $130.24.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were paid a dividend of $0.85 per share. The ex-dividend date of this dividend was Friday, March 21st.

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.