Cornerstone Wealth Management LLC Has $1.10 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cornerstone Wealth Management LLC trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 1.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,092 shares of the company’s stock after selling 151 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,100,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in VYM. DiNuzzo Private Wealth Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $25,000. Sachetta LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $26,000. JNBA Financial Advisors bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $33,000. First United Bank & Trust acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at $33,000. Finally, Halpern Financial Inc. bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $34,000.

Vanguard High Dividend Yield ETF Trading Up 0.1 %

Shares of VYM opened at $118.87 on Friday. The stock’s 50-day moving average price is $118.96 and its two-hundred day moving average price is $116.24. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.64. The company has a market capitalization of $53.82 billion, a PE ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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