Wealthstar Advisors LLC Has $553,000 Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wealthstar Advisors LLC cut its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 4,567 shares of the company’s stock after selling 120 shares during the quarter. Wealthstar Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $553,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $25,000. Sachetta LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $26,000. First United Bank & Trust bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $33,000. JNBA Financial Advisors bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $33,000. Finally, Halpern Financial Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $34,000.

Vanguard High Dividend Yield ETF Trading Up 0.1 %

Shares of VYM traded up $0.17 during trading hours on Thursday, reaching $118.87. The stock had a trading volume of 600,172 shares, compared to its average volume of 986,612. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.64. The firm has a 50-day simple moving average of $118.94 and a 200 day simple moving average of $116.23. The company has a market capitalization of $53.82 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company 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.