Strait & Sound Wealth Management LLC Sells 606 Shares of Vanguard High Dividend Yield ETF $VYM

Strait & Sound Wealth Management LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 27.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,570 shares of the company’s stock after selling 606 shares during the period. Strait & Sound Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $209,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VYM. Brighton Jones LLC grew its position in Vanguard High Dividend Yield ETF by 23.3% in the fourth quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after acquiring an additional 3,177 shares in the last quarter. Clark Asset Management LLC grew its position in Vanguard High Dividend Yield ETF by 68.6% in the first quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock worth $502,000 after acquiring an additional 1,585 shares in the last quarter. Chevy Chase Trust Holdings LLC grew its position in Vanguard High Dividend Yield ETF by 1.5% in the first quarter. Chevy Chase Trust Holdings LLC now owns 27,948 shares of the company’s stock worth $3,604,000 after acquiring an additional 400 shares in the last quarter. Moran Wealth Management LLC bought a new stake in Vanguard High Dividend Yield ETF in the first quarter worth approximately $225,000. Finally, Pure Financial Advisors LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 30.7% in the first quarter. Pure Financial Advisors LLC now owns 2,967 shares of the company’s stock worth $383,000 after buying an additional 697 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.5%

Shares of Vanguard High Dividend Yield ETF stock opened at $141.62 on Friday. The firm has a fifty day simple moving average of $140.01 and a 200-day simple moving average of $133.51. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $142.22. The stock has a market capitalization of $66.21 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

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.