Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Position Lessened by Steph & Co.

Steph & Co. reduced its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 30.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,290 shares of the company’s stock after selling 1,916 shares during the quarter. Steph & Co.’s holdings in Vanguard High Dividend Yield ETF were worth $547,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Brothers Harriman & Co. lifted its stake in shares of Vanguard High Dividend Yield ETF by 61.0% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 7,300 shares of the company’s stock valued at $866,000 after purchasing an additional 2,767 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter worth about $235,000. Wealth Alliance boosted its stake in shares of Vanguard High Dividend Yield ETF by 24.9% during the 2nd quarter. Wealth Alliance now owns 4,304 shares of the company’s stock worth $510,000 after acquiring an additional 859 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Vanguard High Dividend Yield ETF by 7.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock valued at $247,649,000 after acquiring an additional 153,146 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 1.3% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 16,201 shares of the company’s stock valued at $1,921,000 after acquiring an additional 205 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $129.89 on Thursday. The firm has a market cap of $58.81 billion, a P/E ratio of 15.88 and a beta of 0.70. The business has a 50 day moving average price of $130.56 and a 200 day moving average price of $126.99. Vanguard High Dividend Yield ETF has a twelve month low of $109.47 and a twelve month high of $135.07.

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.