Phillips Wealth Planners LLC Lowers Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Phillips Wealth Planners LLC lessened its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 8.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,410 shares of the company’s stock after selling 228 shares during the quarter. Phillips Wealth Planners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $304,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in VYM. FSA Wealth Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $39,000. Highline Wealth Partners LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $45,000. GAMMA Investing LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 352.5% in the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after buying an additional 356 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $64,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $132.01 on Thursday. The stock has a 50-day simple moving average of $130.47 and a 200-day simple moving average of $127.43. The stock has a market capitalization of $59.77 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1 year low of $111.31 and a 1 year high of $135.07.

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.