Summit Wealth Partners LLC Has $9.89 Million Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Summit Wealth Partners LLC reduced its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 77,495 shares of the company’s stock after selling 5,169 shares during the quarter. Vanguard High Dividend Yield ETF makes up 2.0% of Summit Wealth Partners LLC’s holdings, making the stock its 12th largest holding. Summit Wealth Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. FSA Wealth Management LLC acquired a new position in Vanguard High Dividend Yield ETF during the 3rd quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $39,000. Highline Wealth Partners LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at $45,000. Heck Capital Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $45,000. Finally, GAMMA Investing LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 352.5% in the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after buying an additional 356 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $133.32 on Thursday. Vanguard High Dividend Yield ETF has a 52-week low of $111.31 and a 52-week high of $135.07. The stock has a market cap of $60.37 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm has a fifty day moving average of $130.52 and a 200-day moving average of $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.