Family Asset Management LLC Reduces Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Family Asset Management LLC decreased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 33.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,463 shares of the company’s stock after selling 3,806 shares during the quarter. Family Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $833,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of VYM. Blackston Financial Advisory Group LLC purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth $6,776,000. BKM Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth about $717,000. Highland Financial Advisors LLC grew its stake in Vanguard High Dividend Yield ETF by 10.6% in the 4th quarter. Highland Financial Advisors LLC now owns 252,206 shares of the company’s stock valued at $28,154,000 after acquiring an additional 24,094 shares during the last quarter. Davidson Trust Co. increased its holdings in Vanguard High Dividend Yield ETF by 42.3% during the 4th quarter. Davidson Trust Co. now owns 26,472 shares of the company’s stock valued at $2,955,000 after acquiring an additional 7,867 shares in the last quarter. Finally, Stillwater Capital Advisors LLC raised its position in Vanguard High Dividend Yield ETF by 0.7% during the fourth quarter. Stillwater Capital Advisors LLC now owns 58,093 shares of the company’s stock worth $6,485,000 after acquiring an additional 416 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.6 %

Shares of VYM stock traded up $0.71 during trading hours on Monday, hitting $117.84. The company’s stock had a trading volume of 626,609 shares, compared to its average volume of 1,098,110. The business has a fifty day moving average of $117.66 and a 200-day moving average of $112.01. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $121.29. The stock has a market cap of $53.36 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.