Highland Capital Management LLC reduced its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Free Report) by 19.3% during the 4th quarter, HoldingsChannel reports. The firm owned 1,818 shares of the company’s stock after selling 435 shares during the period. Highland Capital Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $203,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of VYM. Providence Capital Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $25,000. Sunbelt Securities Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter worth $32,000. BluePath Capital Management LLC purchased a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at $39,000. Fortitude Family Office LLC acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at $45,000. Finally, Valley Wealth Managers Inc. purchased a new position in Vanguard High Dividend Yield ETF during the 3rd quarter worth $47,000.
Vanguard High Dividend Yield ETF Stock Up 1.6 %
Shares of NYSEARCA:VYM opened at $120.54 on Thursday. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $120.57. The firm’s 50-day simple moving average is $114.88 and its 200-day simple moving average is $109.21. The company has a market cap of $55.38 billion, a price-to-earnings ratio of 13.80 and a beta of 0.84.
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.
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Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Free Report).
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