TCI Wealth Advisors Inc. Cuts Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

TCI Wealth Advisors Inc. cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,053 shares of the company’s stock after selling 91 shares during the quarter. TCI Wealth Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $341,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of VYM. Blackston Financial Advisory Group LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $6,776,000. BKM Wealth Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $717,000. Highland Financial Advisors LLC boosted its position 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 valued at $28,154,000 after acquiring an additional 24,094 shares during the last quarter. Davidson Trust Co. grew its holdings in shares of Vanguard High Dividend Yield ETF by 42.3% in the fourth quarter. Davidson Trust Co. now owns 26,472 shares of the company’s stock valued at $2,955,000 after purchasing an additional 7,867 shares during the period. Finally, Stillwater Capital Advisors LLC increased 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 worth $6,485,000 after purchasing an additional 416 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.5 %

VYM stock traded up $0.56 during trading on Monday, reaching $117.69. 569,062 shares of the stock were exchanged, compared to its average volume of 1,096,842. The business has a 50 day moving average price of $117.60 and a 200-day moving average price of $111.90. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $121.29. The firm has a market capitalization of $53.29 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.