Western Wealth Management LLC Reduces Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Western Wealth Management LLC reduced its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 22,897 shares of the company’s stock after selling 1,111 shares during the quarter. Western Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,556,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Blackston Financial Advisory Group LLC bought a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $6,776,000. BKM Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $717,000. Highland Financial Advisors LLC raised its position in Vanguard High Dividend Yield ETF by 10.6% in the 4th quarter. Highland Financial Advisors LLC now owns 252,206 shares of the company’s stock worth $28,154,000 after purchasing an additional 24,094 shares during the period. Stillwater Capital Advisors LLC boosted its position in Vanguard High Dividend Yield ETF by 0.7% during the fourth quarter. Stillwater Capital Advisors LLC now owns 58,093 shares of the company’s stock valued at $6,485,000 after buying an additional 416 shares during the period. Finally, Simplicity Solutions LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 15.2% during the fourth quarter. Simplicity Solutions LLC now owns 14,183 shares of the company’s stock valued at $1,583,000 after buying an additional 1,875 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.8 %

Shares of VYM stock traded up $0.87 during mid-day trading on Friday, reaching $115.84. 214,179 shares of the company’s stock traded hands, compared to its average volume of 1,135,204. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.29. The company’s 50-day moving average price is $116.90 and its 200-day moving average price is $110.64. The company has a market cap of $52.45 billion, a P/E ratio of 15.82 and a beta of 0.73.

Vanguard High Dividend Yield ETF Company 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.