Clarity Wealth Advisors LLC Reduces Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Clarity Wealth Advisors LLC lowered its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,352 shares of the company’s stock after selling 148 shares during the quarter. Clarity Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $406,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in VYM. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $25,000. Sachetta LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $26,000. JNBA Financial Advisors purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $33,000. First United Bank & Trust purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $33,000. Finally, Halpern Financial Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $34,000.

Vanguard High Dividend Yield ETF Stock Up 0.2 %

Shares of NYSEARCA VYM traded up $0.29 during mid-day trading on Friday, reaching $118.60. 991,732 shares of the company were exchanged, compared to its average volume of 993,924. The stock has a market cap of $53.70 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $121.64. The firm has a 50-day moving average of $118.89 and a 200 day moving average of $116.13.

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.