Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Paces Ferry Wealth Advisors LLC

Paces Ferry Wealth Advisors LLC trimmed its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,063 shares of the company’s stock after selling 170 shares during the quarter. Paces Ferry Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $901,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Citigroup Inc. grew its stake in shares of Vanguard High Dividend Yield ETF by 13.1% in the third quarter. Citigroup Inc. now owns 116,959 shares of the company’s stock worth $14,994,000 after purchasing an additional 13,545 shares in the last quarter. GM Advisory Group LLC lifted its holdings in Vanguard High Dividend Yield ETF by 16.2% in the 3rd quarter. GM Advisory Group LLC now owns 3,520 shares of the company’s stock valued at $451,000 after acquiring an additional 491 shares during the last quarter. Icon Wealth Advisors LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 902.9% during the 3rd quarter. Icon Wealth Advisors LLC now owns 16,739 shares of the company’s stock valued at $2,146,000 after purchasing an additional 15,070 shares in the last quarter. Meridian Wealth Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $2,902,000. Finally, Leelyn Smith LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 2.0% in the 3rd quarter. Leelyn Smith LLC now owns 63,296 shares of the company’s stock worth $8,115,000 after purchasing an additional 1,243 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $128.40 on Friday. The firm has a market cap of $59.04 billion, a PE ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10. The firm has a 50 day simple moving average of $131.61 and a 200 day simple moving average of $130.13.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be given a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, March 21st.

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.