Avior Wealth Management LLC Trims Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Avior Wealth Management LLC cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 67,987 shares of the company’s stock after selling 3,409 shares during the quarter. Avior Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,716,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Chris Bulman Inc acquired a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth approximately $26,000. Cultivar Capital Inc. bought a new position in Vanguard High Dividend Yield ETF during the 2nd quarter valued at $36,000. Highline Wealth Partners LLC acquired a new position in Vanguard High Dividend Yield ETF during the 3rd quarter worth $45,000. Clean Yield Group bought a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth about $44,000. Finally, Ridgewood Investments LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $49,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $130.34 on Tuesday. The stock has a market capitalization of $59.02 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a one year low of $104.87 and a one year high of $133.45. The company’s 50-day simple moving average is $128.87 and its 200-day simple moving average is $123.80.

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.