New England Professional Planning Group Inc. Reduces Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

New England Professional Planning Group Inc. lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 44.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 3,325 shares of the company’s stock after selling 2,626 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 0.2% of New England Professional Planning Group Inc.’s investment portfolio, making the stock its 22nd largest holding. New England Professional Planning Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $402,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. DiNuzzo Private Wealth Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $25,000. Sachetta LLC bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $26,000. JNBA Financial Advisors bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $33,000. First United Bank & Trust bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $33,000. Finally, Halpern Financial Inc. bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $34,000.

Vanguard High Dividend Yield ETF Price Performance

VYM stock traded down $0.69 on Wednesday, reaching $118.10. 198,184 shares of the company traded hands, compared to its average volume of 992,140. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $121.64. The company has a market cap of $53.47 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm has a fifty day simple moving average of $118.70 and a 200-day simple moving average of $115.94.

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.