Redhawk Wealth Advisors Inc. Trims Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Redhawk Wealth Advisors Inc. lessened its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,181 shares of the company’s stock after selling 248 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,818,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Chris Bulman Inc acquired a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $26,000. Central Pacific Bank Trust Division acquired a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $27,000. Cultivar Capital Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at approximately $36,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 1st quarter valued at $44,000. Finally, Clean Yield Group acquired a new stake in Vanguard High Dividend Yield ETF in the 1st quarter valued at $44,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $130.11 on Monday. The stock has a market capitalization of $58.91 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $130.24. The company has a fifty day moving average of $125.34 and a two-hundred day moving average of $121.51.

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.