Cahill Financial Advisors Inc. Lowers Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cahill Financial Advisors Inc. lessened its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,583 shares of the company’s stock after selling 2,146 shares during the period. Cahill Financial Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,611,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Sachetta LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $26,000. Chris Bulman Inc bought a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $26,000. Central Pacific Bank Trust Division bought a new stake in Vanguard High Dividend Yield ETF during the first quarter valued at approximately $27,000. JNBA Financial Advisors bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $33,000. Finally, First United Bank & Trust purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $33,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $123.08 on Monday. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $127.50. The company has a market capitalization of $55.73 billion, a PE ratio of 15.88 and a beta of 0.70. The business’s fifty day moving average is $122.44 and its 200 day moving average is $119.76.

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.