Rebalance LLC Cuts Holdings in Vanguard High Dividend Yield ETF $VYM

Rebalance LLC reduced its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 191,581 shares of the company’s stock after selling 10,669 shares during the quarter. Vanguard High Dividend Yield ETF comprises 1.6% of Rebalance LLC’s investment portfolio, making the stock its 12th biggest holding. Rebalance LLC’s holdings in Vanguard High Dividend Yield ETF were worth $27,496,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of VYM. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Vanguard High Dividend Yield ETF in the third quarter worth $31,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth $39,000. Clayton Financial Group LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth $41,000. Hemington Wealth Management acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth $42,000. Finally, Chilton Capital Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 72.3% in the 3rd quarter. Chilton Capital Management LLC now owns 305 shares of the company’s stock valued at $43,000 after purchasing an additional 128 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.2%

Shares of NYSEARCA VYM opened at $145.48 on Tuesday. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $157.29. The firm has a 50-day moving average price of $151.24 and a 200 day moving average price of $145.72. The stock has a market capitalization of $69.92 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

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.