Steel Grove Capital Advisors LLC Sells 67,120 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Steel Grove Capital Advisors LLC decreased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 94.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,794 shares of the company’s stock after selling 67,120 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $459,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Blackston Financial Advisory Group LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $6,776,000. Highland Financial Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 10.6% during the fourth quarter. Highland Financial Advisors LLC now owns 252,206 shares of the company’s stock worth $28,154,000 after purchasing an additional 24,094 shares during the period. Cresset Asset Management LLC raised its position in shares of Vanguard High Dividend Yield ETF by 6.2% during the fourth quarter. Cresset Asset Management LLC now owns 106,796 shares of the company’s stock worth $11,922,000 after purchasing an additional 6,242 shares during the period. NBC Securities Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 19.6% during the first quarter. NBC Securities Inc. now owns 12,631 shares of the company’s stock worth $1,528,000 after purchasing an additional 2,074 shares during the period. Finally, Davidson Trust Co. raised its position in shares of Vanguard High Dividend Yield ETF by 42.3% during the fourth quarter. Davidson Trust Co. now owns 26,472 shares of the company’s stock worth $2,955,000 after purchasing an additional 7,867 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 1.2 %

Shares of NYSEARCA VYM traded up $1.47 during mid-day trading on Friday, reaching $123.52. 962,208 shares of the company’s stock were exchanged, compared to its average volume of 967,212. The firm has a market capitalization of $55.93 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The business has a fifty day simple moving average of $119.93 and a 200 day simple moving average of $117.45. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $125.04.

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.