Vanguard High Dividend Yield ETF $VYM Shares Sold by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC lessened its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 31.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,079 shares of the company’s stock after selling 6,499 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gallagher Fiduciary Advisors LLC grew its stake in Vanguard High Dividend Yield ETF by 12,273.0% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock worth $1,064,039,000 after buying an additional 7,917,178 shares during the last quarter. Rakuten Investment Management Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at approximately $199,321,000. Auto Owners Insurance Co grew its position in shares of Vanguard High Dividend Yield ETF by 125.2% during the second quarter. Auto Owners Insurance Co now owns 724,200 shares of the company’s stock worth $96,543,000 after acquiring an additional 402,667 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Vanguard High Dividend Yield ETF by 13.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,683,539 shares of the company’s stock valued at $357,743,000 after acquiring an additional 314,494 shares during the period. Finally, Quaker Wealth Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 258.8% in the 2nd quarter. Quaker Wealth Management LLC now owns 167,307 shares of the company’s stock valued at $22,304,000 after acquiring an additional 272,656 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $148.28 on Thursday. The company has a market cap of $71.26 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The company has a fifty day moving average price of $144.67 and a 200 day moving average price of $140.73. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $149.18.

About Vanguard High Dividend Yield ETF

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.