Cypress Point Wealth Management LLC Sells 375 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cypress Point Wealth Management LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,407 shares of the company’s stock after selling 375 shares during the period. Cypress Point Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,342,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its holdings in shares of Vanguard High Dividend Yield ETF by 214,700.0% during the 4th quarter. BNP Paribas Financial Markets now owns 2,148 shares of the company’s stock worth $274,000 after acquiring an additional 2,147 shares during the period. First Trust Advisors LP bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $1,225,000. GAMMA Investing LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 12,965.2% during the 1st quarter. GAMMA Investing LLC now owns 59,708 shares of the company’s stock worth $7,700,000 after acquiring an additional 59,251 shares during the period. ARQ Wealth Advisors LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 9.8% during the 4th quarter. ARQ Wealth Advisors LLC now owns 17,226 shares of the company’s stock worth $2,198,000 after acquiring an additional 1,539 shares during the period. Finally, Proficio Capital Partners LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $2,588,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $130.54 on Friday. The company has a 50-day moving average of $125.94 and a 200-day moving average of $128.77. The company has a market capitalization of $59.58 billion, a price-to-earnings ratio of 18.75 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $135.10.

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.