Laurel Oak Wealth Management LLC Sells 5,706 Shares of Vanguard High Dividend Yield ETF $VYM

Laurel Oak Wealth Management LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 8.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 65,036 shares of the company’s stock after selling 5,706 shares during the quarter. Vanguard High Dividend Yield ETF comprises 1.6% of Laurel Oak Wealth Management LLC’s holdings, making the stock its 13th largest holding. Laurel Oak Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,632,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of VYM. Lloyd Advisory Services LLC. bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $25,000. Dorato Capital Management purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $30,000. LRI Investments LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 400.0% during the fourth quarter. LRI Investments LLC now owns 250 shares of the company’s stock valued at $36,000 after purchasing an additional 200 shares in the last quarter. Resources Management Corp CT ADV bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $40,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $40,000.

Vanguard High Dividend Yield ETF Stock Down 0.5%

Shares of VYM stock opened at $158.22 on Friday. The stock has a market cap of $77.60 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The business’s fifty day moving average is $157.37 and its 200 day moving average is $152.13. Vanguard High Dividend Yield ETF has a twelve month low of $131.92 and a twelve month high of $161.46.

About Vanguard High Dividend Yield ETF

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.