Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Flagstar Advisors Inc.

Flagstar Advisors Inc. reduced its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.3% in the fourth quarter, HoldingsChannel reports. The fund owned 27,589 shares of the company’s stock after selling 660 shares during the quarter. Flagstar Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $3,520,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. FSA Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth $26,000. Valley Wealth Managers Inc. raised its position in Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after acquiring an additional 192 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $39,000. Wingate Wealth Advisors Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $39,000. Finally, Highline Wealth Partners LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $45,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $134.50 on Wednesday. The stock has a market capitalization of $60.90 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 $113.66 and a 1-year high of $135.07. The company has a 50 day moving average price of $130.57 and a 200 day moving average price of $128.96.

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.