Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Stake Lowered by Townsquare Capital LLC

Townsquare Capital LLC trimmed its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 183,064 shares of the company’s stock after selling 4,630 shares during the quarter. Townsquare Capital LLC’s holdings in Vanguard High Dividend Yield ETF were worth $23,469,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VYM. Chris Bulman Inc acquired a new position in Vanguard High Dividend Yield ETF during the 2nd quarter worth $26,000. Cultivar Capital Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $36,000. Highline Wealth Partners LLC acquired a new stake in Vanguard High Dividend Yield ETF during the third quarter valued at approximately $45,000. Clean Yield Group bought a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth $44,000. Finally, Ridgewood Investments LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $49,000.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $134.46 on Wednesday. The company’s 50 day simple moving average is $129.74 and its 200-day simple moving average is $124.41. Vanguard High Dividend Yield ETF has a 52-week low of $105.37 and a 52-week high of $134.98. The firm has a market capitalization of $60.88 billion, a P/E ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company Profile

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.