Fortis Capital Advisors LLC Trims Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Fortis Capital Advisors LLC decreased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 67.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,465 shares of the company’s stock after selling 7,223 shares during the quarter. Fortis Capital Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $387,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NBC Securities Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at $1,029,000. Empower Advisory Group LLC boosted its holdings in Vanguard High Dividend Yield ETF by 3.2% in the third quarter. Empower Advisory Group LLC now owns 3,745 shares of the company’s stock valued at $387,000 after acquiring an additional 116 shares during the last quarter. Global Wealth Management Investment Advisory Inc. grew its position in Vanguard High Dividend Yield ETF by 0.4% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 74,577 shares of the company’s stock valued at $7,705,000 after acquiring an additional 265 shares during the period. PFG Investments LLC increased its stake in Vanguard High Dividend Yield ETF by 15.3% during the third quarter. PFG Investments LLC now owns 41,011 shares of the company’s stock worth $4,237,000 after acquiring an additional 5,430 shares during the last quarter. Finally, HM Payson & Co. raised its holdings in shares of Vanguard High Dividend Yield ETF by 0.9% in the 3rd quarter. HM Payson & Co. now owns 12,645 shares of the company’s stock worth $1,306,000 after purchasing an additional 114 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM traded up $0.41 during trading on Friday, reaching $119.38. 501,715 shares of the stock were exchanged, compared to its average volume of 1,041,609. The firm’s 50-day moving average price is $118.56 and its 200 day moving average price is $113.78. The firm has a market cap of $54.05 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $121.64.

About Vanguard High Dividend Yield ETF

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.