Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Destination Wealth Management

Destination Wealth Management trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,401 shares of the company’s stock after selling 150 shares during the quarter. Destination Wealth Management’s holdings in Vanguard High Dividend Yield ETF were worth $436,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VYM. Chris Bulman Inc acquired a new position in shares of Vanguard High Dividend Yield ETF in the second quarter valued at approximately $26,000. FSA Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter worth $26,000. Cultivar Capital Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at $36,000. Highline Wealth Partners LLC purchased a new position in Vanguard High Dividend Yield ETF in the third quarter valued at $45,000. Finally, Ridgewood Investments LLC purchased a new position in Vanguard High Dividend Yield ETF in the second quarter valued at $49,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $130.65 on Friday. The stock’s 50-day moving average is $131.01 and its two-hundred day moving average is $125.38. The company has a market cap of $59.16 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 $108.40 and a 1-year high of $135.07.

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.