Hayek Kallen Investment Management Cuts Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Hayek Kallen Investment Management lessened its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 68.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,984 shares of the company’s stock after selling 41,378 shares during the quarter. Hayek Kallen Investment Management’s holdings in Vanguard High Dividend Yield ETF were worth $2,422,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Westside Investment Management Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 6.2% in the third quarter. Westside Investment Management Inc. now owns 137,257 shares of the company’s stock valued at $17,536,000 after purchasing an additional 7,998 shares during the period. Tudor Financial Inc. acquired a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $442,000. World Investment Advisors LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 451.3% in the 3rd quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after buying an additional 18,778 shares during the period. Arvest Bank Trust Division acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $211,000. Finally, Wilmington Savings Fund Society FSB raised its position in shares of Vanguard High Dividend Yield ETF by 880.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 35,527 shares of the company’s stock valued at $4,555,000 after buying an additional 31,902 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $123.42 on Friday. The stock has a 50 day moving average of $126.79 and a 200 day moving average of $129.42. The firm has a market capitalization of $56.57 billion, a price-to-earnings ratio of 17.96 and a beta of 0.79. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $135.10.

Vanguard High Dividend Yield ETF 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.