Advisory Alpha LLC Trims Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Advisory Alpha LLC decreased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 20.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,796 shares of the company’s stock after selling 952 shares during the period. Advisory Alpha LLC’s holdings in Vanguard High Dividend Yield ETF were worth $484,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VYM. Bank of Montreal Can grew its holdings in Vanguard High Dividend Yield ETF by 8.7% in the second quarter. Bank of Montreal Can now owns 651,804 shares of the company’s stock valued at $77,721,000 after purchasing an additional 52,272 shares during the period. Trinity Legacy Partners LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 7.0% in the 2nd quarter. Trinity Legacy Partners LLC now owns 10,863 shares of the company’s stock valued at $1,288,000 after purchasing an additional 710 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 7.5% during the 2nd quarter. AQR Capital Management LLC now owns 4,935 shares of the company’s stock valued at $585,000 after buying an additional 343 shares during the period. Drucker Wealth 3.0 LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth $16,979,000. Finally, Daymark Wealth Partners LLC raised its position in shares of Vanguard High Dividend Yield ETF by 910.9% in the 2nd quarter. Daymark Wealth Partners LLC now owns 31,450 shares of the company’s stock worth $3,730,000 after buying an additional 28,339 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.7 %

Shares of Vanguard High Dividend Yield ETF stock opened at $132.01 on Thursday. The business’s fifty day moving average price is $130.47 and its 200 day moving average price is $127.43. Vanguard High Dividend Yield ETF has a twelve month low of $111.31 and a twelve month high of $135.07. The stock has a market capitalization of $59.77 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.