Family Asset Management LLC Reduces Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Family Asset Management LLC lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 33.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 7,463 shares of the company’s stock after selling 3,806 shares during the period. Family Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $833,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VYM. Providence Capital Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the third quarter worth about $25,000. DiNuzzo Private Wealth Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $25,000. Halpern Financial Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $34,000. BluePath Capital Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $39,000. Finally, Fortitude Family Office LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $45,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM traded up $0.71 during midday trading on Monday, hitting $117.84. The company had a trading volume of 626,609 shares, compared to its average volume of 1,098,110. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $121.29. The stock has a market cap of $53.36 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The business’s 50-day simple moving average is $117.66 and its 200-day simple moving average is $112.01.

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.