Wilbanks Smith & Thomas Asset Management LLC Lowers Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wilbanks Smith & Thomas Asset Management LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 85.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,734 shares of the company’s stock after selling 90,444 shares during the quarter. Wilbanks Smith & Thomas Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,756,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in VYM. Blackston Financial Advisory Group LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $6,776,000. BKM Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $717,000. Highland Financial Advisors LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 10.6% during the 4th quarter. Highland Financial Advisors LLC now owns 252,206 shares of the company’s stock worth $28,154,000 after acquiring an additional 24,094 shares in the last quarter. Davidson Trust Co. boosted its stake in shares of Vanguard High Dividend Yield ETF by 42.3% during the 4th quarter. Davidson Trust Co. now owns 26,472 shares of the company’s stock worth $2,955,000 after acquiring an additional 7,867 shares in the last quarter. Finally, Stillwater Capital Advisors LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 0.7% during the 4th quarter. Stillwater Capital Advisors LLC now owns 58,093 shares of the company’s stock worth $6,485,000 after acquiring an additional 416 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.3 %

Shares of VYM stock traded up $0.31 during mid-day trading on Thursday, hitting $116.30. 188,779 shares of the stock were exchanged, compared to its average volume of 1,099,467. The firm has a fifty day moving average of $117.55 and a 200 day moving average of $111.66. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $121.29. The company has a market cap of $52.66 billion, a PE ratio of 15.88 and a beta of 0.70.

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.