Financial Advocates Investment Management Reduces Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Financial Advocates Investment Management lessened its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 24,258 shares of the company’s stock after selling 3,813 shares during the period. Financial Advocates Investment Management’s holdings in Vanguard High Dividend Yield ETF were worth $3,095,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. FSA Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at $39,000. Highline Wealth Partners LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at $45,000. Heck Capital Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth about $45,000. Finally, GAMMA Investing LLC boosted its stake in Vanguard High Dividend Yield ETF by 352.5% in the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock worth $59,000 after purchasing an additional 356 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.9 %

Shares of VYM opened at $133.32 on Thursday. Vanguard High Dividend Yield ETF has a twelve month low of $111.31 and a twelve month high of $135.07. The stock has a market cap of $60.37 billion, a PE ratio of 15.88 and a beta of 0.70. The business’s 50-day moving average price is $130.52 and its 200-day moving average price is $128.19.

Vanguard High Dividend Yield ETF 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.