Telos Capital Management Inc. Trims Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Telos Capital Management Inc. lessened its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 42,405 shares of the company’s stock after selling 3,508 shares during the quarter. Telos Capital Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $4,734,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VYM. Providence Capital Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $25,000. Sunbelt Securities Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 1st quarter valued at approximately $32,000. Halpern Financial Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $34,000. BluePath Capital Management LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $39,000. Finally, Fortitude Family Office LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $45,000.

Vanguard High Dividend Yield ETF Trading Up 0.1 %

Vanguard High Dividend Yield ETF stock traded up $0.09 during trading on Wednesday, hitting $115.00. The company had a trading volume of 754,207 shares, compared to its average volume of 1,146,135. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $121.29. The company’s 50 day simple moving average is $116.83 and its 200-day simple moving average is $110.58. The stock has a market cap of $52.07 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73.

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.