High Net Worth Advisory Group LLC Cuts Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

High Net Worth Advisory Group LLC cut its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 93,793 shares of the company’s stock after selling 2,975 shares during the period. Vanguard High Dividend Yield ETF comprises approximately 3.3% of High Net Worth Advisory Group LLC’s holdings, making the stock its 6th largest position. High Net Worth Advisory Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $11,968,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FSA Wealth Management LLC bought a new stake in Vanguard High Dividend Yield ETF in the third quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $39,000. Highline Wealth Partners LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at $45,000. GAMMA Investing LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 352.5% during the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after acquiring an additional 356 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC bought a new position in Vanguard High Dividend Yield ETF during the third quarter worth $64,000.

Vanguard High Dividend Yield ETF Trading Up 0.0 %

Shares of NYSEARCA VYM opened at $133.06 on Monday. The firm has a market capitalization of $60.25 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm’s 50-day moving average price is $130.56 and its 200-day moving average price is $127.66. Vanguard High Dividend Yield ETF has a 1-year low of $111.31 and a 1-year high of $135.07.

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.