Wealthspire Advisors LLC Reduces Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wealthspire Advisors LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.3% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 145,365 shares of the company’s stock after selling 1,860 shares during the quarter. Wealthspire Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $16,227,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of VYM. Providence Capital Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF in the third quarter worth approximately $25,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $25,000. Halpern Financial Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at $34,000. BluePath Capital Management LLC bought a new position in Vanguard High Dividend Yield ETF in the third quarter valued at about $39,000. Finally, Fortitude Family Office LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $45,000.

Vanguard High Dividend Yield ETF Trading Up 0.8 %

VYM stock traded up $0.89 during midday trading on Thursday, reaching $119.48. 829,014 shares of the company’s stock traded hands, compared to its average volume of 1,087,981. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $121.29. The stock has a market cap of $54.10 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock’s 50-day moving average is $117.78 and its 200 day moving average is $112.18.

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.