Angeles Wealth Management LLC Sells 86 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Angeles Wealth Management LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,712 shares of the company’s stock after selling 86 shares during the quarter. Angeles Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $729,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VYM. Wealthstar Advisors LLC bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth about $585,000. Focused Wealth Management Inc grew its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% during the 4th quarter. Focused Wealth Management Inc now owns 205,790 shares of the company’s stock worth $26,257,000 after acquiring an additional 693 shares during the period. Compass Financial Services Inc bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $1,381,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $53,000. Finally, Stephens Inc. AR boosted its position in shares of Vanguard High Dividend Yield ETF by 6.2% during the fourth quarter. Stephens Inc. AR now owns 82,948 shares of the company’s stock valued at $10,583,000 after purchasing an additional 4,839 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.7 %

VYM opened at $132.32 on Monday. The company has a market cap of $59.91 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock has a fifty day simple moving average of $130.43 and a two-hundred day simple moving average of $128.37. Vanguard High Dividend Yield ETF has a 12-month low of $111.31 and a 12-month high of $135.07.

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.