Avantax Planning Partners Inc. Lowers Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Avantax Planning Partners Inc. lessened its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 66,446 shares of the company’s stock after selling 1,138 shares during the period. Avantax Planning Partners Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $8,478,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VYM. Raymond James Financial Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $921,398,000. SBI Securities Co. Ltd. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $77,577,000. Bell Bank boosted its stake in Vanguard High Dividend Yield ETF by 169.0% in the 4th quarter. Bell Bank now owns 696,473 shares of the company’s stock worth $88,863,000 after purchasing an additional 437,527 shares during the period. Accredited Investors Inc. grew its holdings in Vanguard High Dividend Yield ETF by 18,516.9% during the 3rd quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock valued at $51,242,000 after buying an additional 397,558 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its position in shares of Vanguard High Dividend Yield ETF by 13,081.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 389,247 shares of the company’s stock valued at $49,664,000 after buying an additional 386,294 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $129.49 on Tuesday. The company has a market capitalization of $59.42 billion, a PE ratio of 19.65 and a beta of 0.85. The company’s fifty day moving average price is $131.45 and its 200-day moving average price is $130.01. Vanguard High Dividend Yield ETF has a one year low of $114.37 and a one year high of $135.10.

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.