Elevation Point Wealth Partners LLC Sells 830 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Elevation Point Wealth Partners LLC decreased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,116 shares of the company’s stock after selling 830 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 0.8% of Elevation Point Wealth Partners LLC’s portfolio, making the stock its 20th largest position. Elevation Point Wealth Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,784,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Valley Wealth Managers Inc. raised its position in Vanguard High Dividend Yield ETF by 314.8% during the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after purchasing an additional 192 shares in the last quarter. Runnymede Capital Advisors Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth about $34,000. Pillar Financial Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $41,000. Heck Capital Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $45,000. Finally, Centricity Wealth Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $48,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $130.54 on Friday. The company has a market capitalization of $59.58 billion, a price-to-earnings ratio of 18.75 and a beta of 0.79. The business has a 50 day moving average of $125.94 and a 200 day moving average of $128.77. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $135.10.

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.