Old Port Advisors Lowers Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Old Port Advisors reduced its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 25,116 shares of the company’s stock after selling 374 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 0.9% of Old Port Advisors’ investment portfolio, making the stock its 26th biggest holding. Old Port Advisors’ holdings in Vanguard High Dividend Yield ETF were worth $3,205,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of VYM. FSA Wealth Management LLC acquired a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at $26,000. Chris Bulman Inc acquired a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth about $26,000. Highline Wealth Partners LLC purchased a new position in Vanguard High Dividend Yield ETF during the third quarter worth about $45,000. GAMMA Investing LLC lifted its position in Vanguard High Dividend Yield ETF by 352.5% in the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after purchasing an additional 356 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $64,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock traded up $0.29 during trading hours on Thursday, reaching $127.88. 570,616 shares of the company’s stock were exchanged, compared to its average volume of 944,614. The company’s 50 day moving average is $130.68 and its two-hundred day moving average is $126.39. The company has a market cap of $57.90 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1 year low of $109.47 and a 1 year high of $135.07.

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.