Redmont Wealth Advisors LLC Has $426,000 Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Redmont Wealth Advisors LLC trimmed its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 55.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,341 shares of the company’s stock after selling 4,099 shares during the quarter. Redmont Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $426,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. FSA Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the third quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $39,000. Highline Wealth Partners LLC bought a new position in Vanguard High Dividend Yield ETF during the 3rd quarter worth $45,000. GAMMA Investing LLC raised its holdings in Vanguard High Dividend Yield ETF by 352.5% in the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after acquiring an additional 356 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at $64,000.

Vanguard High Dividend Yield ETF Stock Down 0.7 %

VYM opened at $132.01 on Thursday. The stock has a market capitalization of $59.77 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a twelve month low of $111.31 and a twelve month high of $135.07. The company has a 50-day simple moving average of $130.47 and a 200 day simple moving average of $127.43.

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.