Sage Financial Management Group Inc. Has $7.80 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Sage Financial Management Group Inc. lessened its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 61,141 shares of the company’s stock after selling 196 shares during the quarter. Vanguard High Dividend Yield ETF makes up 2.9% of Sage Financial Management Group Inc.’s holdings, making the stock its 10th largest holding. Sage Financial Management Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $7,801,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of VYM. FSA Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $39,000. Highline Wealth Partners LLC bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth about $45,000. GAMMA Investing LLC increased its position in shares of Vanguard High Dividend Yield ETF by 352.5% during the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock worth $59,000 after acquiring an additional 356 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $64,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM opened at $131.88 on Thursday. Vanguard High Dividend Yield ETF has a 52-week low of $111.31 and a 52-week high of $135.07. The firm has a market capitalization of $59.71 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock has a 50 day moving average price of $130.61 and a 200 day moving average price of $127.87.

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.