Romano Brothers AND Company Reduces Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Romano Brothers AND Company lowered its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,111 shares of the company’s stock after selling 3,160 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 1.4% of Romano Brothers AND Company’s portfolio, making the stock its 13th largest position. Romano Brothers AND Company’s holdings in Vanguard High Dividend Yield ETF were worth $9,935,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Blackston Financial Advisory Group LLC acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth $6,776,000. BKM Wealth Management LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $717,000. Highland Financial Advisors LLC lifted its position in Vanguard High Dividend Yield ETF by 10.6% in the fourth quarter. Highland Financial Advisors LLC now owns 252,206 shares of the company’s stock valued at $28,154,000 after buying an additional 24,094 shares during the last quarter. Cresset Asset Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 6.2% during the fourth quarter. Cresset Asset Management LLC now owns 106,796 shares of the company’s stock worth $11,922,000 after buying an additional 6,242 shares during the period. Finally, NBC Securities Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 19.6% during the first quarter. NBC Securities Inc. now owns 12,631 shares of the company’s stock valued at $1,528,000 after acquiring an additional 2,074 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM traded up $0.29 during mid-day trading on Friday, reaching $118.60. 991,732 shares of the company were exchanged, compared to its average volume of 993,924. The firm has a market cap of $53.70 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $121.64. The firm’s 50-day simple moving average is $118.89 and its 200 day simple moving average is $116.09.

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.