Cypress Point Wealth Management LLC Decreases Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cypress Point Wealth Management LLC cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,782 shares of the company’s stock after selling 1,190 shares during the quarter. Cypress Point Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,382,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Norden Group LLC raised its position in shares of Vanguard High Dividend Yield ETF by 30.7% in the 1st quarter. Norden Group LLC now owns 2,905 shares of the company’s stock worth $352,000 after purchasing an additional 683 shares during the last quarter. Central Pacific Bank Trust Division bought a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $27,000. Concurrent Investment Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 3.8% during the 1st quarter. Concurrent Investment Advisors LLC now owns 138,621 shares of the company’s stock worth $16,772,000 after acquiring an additional 5,090 shares in the last quarter. GW Henssler & Associates Ltd. raised its holdings in Vanguard High Dividend Yield ETF by 15.7% during the 1st quarter. GW Henssler & Associates Ltd. now owns 52,579 shares of the company’s stock valued at $6,361,000 after buying an additional 7,146 shares during the period. Finally, White Lighthouse Investment Management Inc. raised its holdings in Vanguard High Dividend Yield ETF by 2.0% during the 1st quarter. White Lighthouse Investment Management Inc. now owns 400,257 shares of the company’s stock valued at $48,427,000 after buying an additional 7,899 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.5 %

Shares of VYM traded up $0.72 during midday trading on Friday, reaching $132.50. 1,065,329 shares of the stock were exchanged, compared to its average volume of 904,791. Vanguard High Dividend Yield ETF has a 52 week low of $101.53 and a 52 week high of $132.85. The company’s 50 day moving average is $128.11 and its two-hundred day moving average is $123.11. The company has a market capitalization of $59.99 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.