Vanguard High Dividend Yield ETF $VYM Shares Sold by Root Financial Partners LLC

Root Financial Partners LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 69.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,604 shares of the company’s stock after selling 8,172 shares during the quarter. Root Financial Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $559,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Precedent Wealth Partners LLC boosted its position in Vanguard High Dividend Yield ETF by 6.4% during the third quarter. Precedent Wealth Partners LLC now owns 18,025 shares of the company’s stock worth $2,797,000 after purchasing an additional 1,090 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in Vanguard High Dividend Yield ETF by 0.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 584,602 shares of the company’s stock worth $90,730,000 after buying an additional 4,651 shares during the last quarter. Cypress Wealth Services LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 1.8% in the 3rd quarter. Cypress Wealth Services LLC now owns 45,567 shares of the company’s stock worth $7,216,000 after acquiring an additional 790 shares during the period. Crescent Grove Advisors LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 2.2% in the 3rd quarter. Crescent Grove Advisors LLC now owns 83,697 shares of the company’s stock valued at $12,990,000 after purchasing an additional 1,799 shares in the last quarter. Finally, Cardinal Point Capital Management ULC grew its position in shares of Vanguard High Dividend Yield ETF by 35.5% in the third quarter. Cardinal Point Capital Management ULC now owns 2,984 shares of the company’s stock valued at $463,000 after purchasing an additional 781 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM stock traded down $1.10 during midday trading on Friday, reaching $161.50. 864,177 shares of the company’s stock traded hands, compared to its average volume of 1,359,603. Vanguard High Dividend Yield ETF has a fifty-two week low of $138.35 and a fifty-two week high of $167.61. The business has a 50-day moving average price of $161.04 and a two-hundred day moving average price of $159.48. The company has a market capitalization of $82.20 billion, a P/E ratio of 17.79 and a beta of 0.73.

Vanguard High Dividend Yield ETF Company Profile

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.