Fonville Wealth Management LLC Reduces Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Fonville Wealth Management LLC lowered its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,790 shares of the company’s stock after selling 377 shares during the period. Fonville Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,270,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VYM. JPMorgan Chase & Co. raised its stake in shares of Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after buying an additional 9,363 shares during the period. World Investment Advisors LLC increased its holdings in Vanguard High Dividend Yield ETF by 451.3% in the 3rd 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 stake in Vanguard High Dividend Yield ETF by 3.2% in the 3rd quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock valued at $4,910,000 after acquiring an additional 1,171 shares during the period. High Net Worth Advisory Group LLC lifted its holdings in Vanguard High Dividend Yield ETF by 1.9% during the third quarter. High Net Worth Advisory Group LLC now owns 96,768 shares of the company’s stock valued at $12,407,000 after purchasing an additional 1,794 shares during the last quarter. Finally, Grimes & Company Inc. boosted its position in Vanguard High Dividend Yield ETF by 13.1% during the third quarter. Grimes & Company Inc. now owns 16,637 shares of the company’s stock worth $2,133,000 after purchasing an additional 1,924 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 0.7 %

NYSEARCA VYM opened at $132.32 on Monday. The firm has a market cap of $59.91 billion, a P/E ratio of 15.88 and a beta of 0.70. The company’s 50 day moving average is $130.43 and its 200-day moving average is $128.37. Vanguard High Dividend Yield ETF has a 12-month low of $111.31 and a 12-month high of $135.07.

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.