Ferguson Wellman Capital Management Inc. cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Free Report) by 11.2% during the fourth quarter, Holdings Channel reports. The firm owned 4,785 shares of the company’s stock after selling 602 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $611,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of VYM. FSA Wealth Management LLC acquired a new position in Vanguard High Dividend Yield ETF during the third quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $39,000. Heck Capital Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $45,000. Highline Wealth Partners LLC acquired a new position in Vanguard High Dividend Yield ETF during the third quarter valued at $45,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $53,000.
Vanguard High Dividend Yield ETF Price Performance
Shares of VYM stock opened at $133.04 on Tuesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $111.31 and a fifty-two week high of $135.07. The stock’s 50-day moving average is $130.43 and its two-hundred day moving average is $128.42. The firm has a market cap of $60.24 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.
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Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Free Report).
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