Taylor & Morgan Wealth Management LLC Trims Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Taylor & Morgan Wealth Management LLC cut its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,538 shares of the company’s stock after selling 107 shares during the period. Taylor & Morgan Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $707,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Triangle Securities Wealth Management boosted its stake in Vanguard High Dividend Yield ETF by 3.2% during the fourth quarter. Triangle Securities Wealth Management now owns 28,222 shares of the company’s stock worth $3,601,000 after buying an additional 876 shares during the period. Ameritas Advisory Services LLC increased its holdings in Vanguard High Dividend Yield ETF by 10.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 109,018 shares of the company’s stock valued at $13,910,000 after purchasing an additional 10,576 shares during the last quarter. Sara Bay Financial raised its position in Vanguard High Dividend Yield ETF by 4.5% in the fourth quarter. Sara Bay Financial now owns 7,593 shares of the company’s stock valued at $967,000 after purchasing an additional 328 shares during the period. Trust Co. of Vermont boosted its position in shares of Vanguard High Dividend Yield ETF by 6.7% during the fourth quarter. Trust Co. of Vermont now owns 29,011 shares of the company’s stock worth $3,702,000 after buying an additional 1,831 shares during the period. Finally, CGN Advisors LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 18.1% in the fourth quarter. CGN Advisors LLC now owns 14,257 shares of the company’s stock valued at $1,819,000 after buying an additional 2,182 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.7 %

VYM opened at $131.69 on Friday. The firm has a market cap of $59.63 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock’s 50-day moving average price is $130.47 and its 200 day moving average price is $127.12. Vanguard High Dividend Yield ETF has a 12-month low of $109.47 and a 12-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.