Smith Salley Wealth Management Lowers Stock Position in Vanguard High Dividend Yield ETF $VYM

Smith Salley Wealth Management cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 74.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,131 shares of the company’s stock after selling 17,545 shares during the period. Smith Salley Wealth Management’s holdings in Vanguard High Dividend Yield ETF were worth $908,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VYM. Ballast Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 8.2% in the 4th quarter. Ballast Advisors LLC now owns 868 shares of the company’s stock worth $125,000 after acquiring an additional 66 shares in the last quarter. Columbus Macro LLC boosted its position in Vanguard High Dividend Yield ETF by 0.6% during the fourth quarter. Columbus Macro LLC now owns 10,938 shares of the company’s stock valued at $1,570,000 after purchasing an additional 70 shares in the last quarter. Sage Financial Group Inc. boosted its position in Vanguard High Dividend Yield ETF by 2.1% during the third quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock valued at $505,000 after purchasing an additional 72 shares in the last quarter. L.K. Benson & Company P.C. grew its stake in Vanguard High Dividend Yield ETF by 2.4% in the fourth quarter. L.K. Benson & Company P.C. now owns 3,053 shares of the company’s stock valued at $438,000 after purchasing an additional 72 shares during the last quarter. Finally, Keystone Financial Group grew its stake in Vanguard High Dividend Yield ETF by 0.5% in the third quarter. Keystone Financial Group now owns 16,051 shares of the company’s stock valued at $2,262,000 after purchasing an additional 73 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $158.39 on Tuesday. The company has a market capitalization of $77.68 billion, a PE ratio of 17.79 and a beta of 0.73. The company has a 50-day simple moving average of $156.93 and a two-hundred day simple moving average of $151.80. Vanguard High Dividend Yield ETF has a one year low of $129.11 and a one year high of $161.46.

Vanguard High Dividend Yield ETF Company Profile

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.