Independent Advisor Alliance Cuts Stake in Vanguard High Dividend Yield ETF $VYM

Independent Advisor Alliance lowered its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 12.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,290 shares of the company’s stock after selling 3,630 shares during the quarter. Independent Advisor Alliance’s holdings in Vanguard High Dividend Yield ETF were worth $3,630,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Asempa Wealth Advisors purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $880,000. Aspire Capital Advisors LLC raised its position in Vanguard High Dividend Yield ETF by 44.0% during the third quarter. Aspire Capital Advisors LLC now owns 39,556 shares of the company’s stock valued at $5,575,000 after purchasing an additional 12,080 shares during the period. Commons Capital LLC raised its position in Vanguard High Dividend Yield ETF by 32.0% during the fourth quarter. Commons Capital LLC now owns 25,380 shares of the company’s stock valued at $3,642,000 after purchasing an additional 6,154 shares during the period. CVA Family Office LLC lifted its position in Vanguard High Dividend Yield ETF by 12.6% in the third quarter. CVA Family Office LLC now owns 52,067 shares of the company’s stock worth $7,339,000 after buying an additional 5,830 shares during the last quarter. Finally, Accredited Wealth Management LLC lifted its position in Vanguard High Dividend Yield ETF by 10,426.4% in the third quarter. Accredited Wealth Management LLC now owns 54,316 shares of the company’s stock worth $73,000 after buying an additional 53,800 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.2%

Shares of VYM opened at $155.64 on Thursday. The company has a market cap of $76.34 billion, a PE ratio of 17.79 and a beta of 0.73. The business has a fifty day moving average of $151.62 and a 200 day moving average of $148.42. Vanguard High Dividend Yield ETF has a 52-week low of $126.00 and a 52-week high of $157.48.

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.