Avion Wealth Reduces Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Avion Wealth trimmed its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 164,357 shares of the company’s stock after selling 1,214 shares during the period. Vanguard High Dividend Yield ETF makes up about 5.4% of Avion Wealth’s investment portfolio, making the stock its 6th largest holding. Avion Wealth’s holdings in Vanguard High Dividend Yield ETF were worth $20,970,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after purchasing an additional 9,363 shares during the last quarter. World Investment Advisors LLC boosted its holdings in Vanguard High Dividend Yield ETF by 451.3% in the 3rd quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock worth $2,941,000 after buying an additional 18,778 shares during the period. Semmax Financial Advisors Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 3.2% during the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after purchasing an additional 1,171 shares in the last quarter. Grimes & Company Inc. grew its holdings in Vanguard High Dividend Yield ETF by 13.1% during the 3rd quarter. Grimes & Company Inc. now owns 16,637 shares of the company’s stock valued at $2,133,000 after buying an additional 1,924 shares in the last quarter. Finally, Seamount Financial Group Inc. purchased a new position in Vanguard High Dividend Yield ETF during the third quarter valued at $372,000.

Vanguard High Dividend Yield ETF Trading Up 0.6 %

Shares of VYM stock opened at $133.81 on Wednesday. Vanguard High Dividend Yield ETF has a 12-month low of $111.31 and a 12-month high of $135.07. The stock’s 50-day moving average price is $130.41 and its 200-day moving average price is $128.50. The stock has a market capitalization of $60.59 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF 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.