Twele Capital Management Inc. Lowers Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Twele Capital Management Inc. lowered its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 295,808 shares of the company’s stock after selling 6,264 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 8.1% of Twele Capital Management Inc.’s holdings, making the stock its 6th biggest position. Twele Capital Management Inc. owned about 0.06% of Vanguard High Dividend Yield ETF worth $35,790,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VYM. DiNuzzo Private Wealth Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth about $25,000. Sachetta LLC bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $26,000. First United Bank & Trust purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $33,000. JNBA Financial Advisors bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $33,000. Finally, Halpern Financial Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $34,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM traded down $0.55 on Wednesday, reaching $118.24. 496,616 shares of the stock traded hands, compared to its average volume of 994,586. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.64. The company has a fifty day moving average price of $118.70 and a 200-day moving average price of $115.94. The company has a market cap of $53.54 billion, a price-to-earnings 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.