Financial Life Advisors Reduces Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Financial Life Advisors lowered its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 45.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,139 shares of the company’s stock after selling 2,637 shares during the period. Financial Life Advisors’ holdings in Vanguard High Dividend Yield ETF were worth $380,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mechanics Bank Trust Department increased its holdings in shares of Vanguard High Dividend Yield ETF by 0.4% in the first quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock worth $2,987,000 after purchasing an additional 88 shares during the period. ADE LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 1.7% in the fourth quarter. ADE LLC now owns 5,347 shares of the company’s stock worth $597,000 after purchasing an additional 90 shares during the period. SOA Wealth Advisors LLC. increased its stake in Vanguard High Dividend Yield ETF by 2.1% in the fourth quarter. SOA Wealth Advisors LLC. now owns 4,594 shares of the company’s stock valued at $513,000 after acquiring an additional 94 shares during the last quarter. Mather Group LLC. increased its stake in Vanguard High Dividend Yield ETF by 0.8% in the first quarter. Mather Group LLC. now owns 12,406 shares of the company’s stock valued at $1,385,000 after acquiring an additional 95 shares during the last quarter. Finally, Red Door Wealth Management LLC increased its stake in Vanguard High Dividend Yield ETF by 0.9% in the fourth quarter. Red Door Wealth Management LLC now owns 11,299 shares of the company’s stock valued at $1,261,000 after acquiring an additional 97 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM traded down $0.08 during trading on Monday, reaching $118.52. The stock had a trading volume of 548,431 shares, compared to its average volume of 990,361. The stock has a market cap of $53.66 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $121.64. The business has a 50-day moving average of $118.89 and a 200-day moving average of $116.13.

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.