Vanguard High Dividend Yield ETF $VYM Shares Sold by Tepp RIA LLC

Tepp RIA LLC reduced its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 16.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 104,781 shares of the company’s stock after selling 21,042 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 16.8% of Tepp RIA LLC’s investment portfolio, making the stock its 3rd largest holding. Tepp RIA LLC’s holdings in Vanguard High Dividend Yield ETF were worth $14,769,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in shares of 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 purchasing an additional 3,177 shares during the period. AQR Capital Management LLC raised its stake in Vanguard High Dividend Yield ETF by 314.5% in the first quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after purchasing an additional 21,713 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Vanguard High Dividend Yield ETF by 9.9% during the second quarter. Bank of New York Mellon Corp now owns 124,397 shares of the company’s stock worth $16,583,000 after purchasing an additional 11,252 shares during the period. Summit Investment Advisors Inc. lifted its position in Vanguard High Dividend Yield ETF by 3.3% during the first quarter. Summit Investment Advisors Inc. now owns 3,949 shares of the company’s stock worth $509,000 after purchasing an additional 127 shares during the period. Finally, Grandfield & Dodd LLC acquired a new stake in Vanguard High Dividend Yield ETF during the second quarter worth about $266,000.

Vanguard High Dividend Yield ETF Stock Down 0.2%

VYM stock opened at $148.43 on Friday. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $157.29. The firm has a market cap of $71.33 billion, a P/E ratio of 17.79 and a beta of 0.79. The company’s 50-day moving average price is $151.26 and its two-hundred day moving average price is $145.04.

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.