Prosperity Planning Inc. Sells 271 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Prosperity Planning Inc. cut its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 12.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,960 shares of the company’s stock after selling 271 shares during the quarter. Prosperity Planning Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $250,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VYM. Mesirow Financial Investment Management Inc. increased its stake in Vanguard High Dividend Yield ETF by 101.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after purchasing an additional 552,003 shares in the last quarter. Accredited Investors Inc. raised its stake in Vanguard High Dividend Yield ETF by 18,516.9% during the 3rd quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock worth $51,242,000 after buying an additional 397,558 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. Kovitz Investment Group Partners LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 4,879.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock valued at $22,101,000 after acquiring an additional 171,029 shares in the last quarter. Finally, Wharton Business Group LLC raised its position in shares of Vanguard High Dividend Yield ETF by 19.8% during the third quarter. Wharton Business Group LLC now owns 894,801 shares of the company’s stock worth $114,713,000 after purchasing an additional 148,184 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.7 %

Shares of VYM opened at $131.69 on Tuesday. The business’s fifty day moving average is $130.47 and its 200 day moving average is $127.24. Vanguard High Dividend Yield ETF has a 12-month low of $109.47 and a 12-month high of $135.07. The stock has a market cap of $59.63 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.