Larson Financial Group LLC Reduces Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Larson Financial Group LLC lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 33.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 10,624 shares of the company’s stock after selling 5,364 shares during the quarter. Larson Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,186,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Providence Capital Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the third quarter valued at $25,000. Halpern Financial Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $34,000. BluePath Capital Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at approximately $39,000. Fortitude Family Office LLC bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $45,000. Finally, Valley Wealth Managers Inc. bought a new position in Vanguard High Dividend Yield ETF during the third quarter worth $47,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM traded up $0.84 during midday trading on Tuesday, reaching $117.79. The company had a trading volume of 448,814 shares, compared to its average volume of 1,135,418. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $121.29. The firm has a market cap of $53.33 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73. The company has a fifty day simple moving average of $117.03 and a two-hundred day simple moving average of $110.99.

Vanguard High Dividend Yield ETF Company 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.