Vanguard High Dividend Yield ETF $VYM Shares Sold by ArborFi Advisors LLC

ArborFi Advisors LLC trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,710 shares of the company’s stock after selling 8,630 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 6.6% of ArborFi Advisors LLC’s investment portfolio, making the stock its 4th largest position. ArborFi Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,134,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VYM. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $31,000. Kiker Wealth Management LLC acquired a new position in Vanguard High Dividend Yield ETF during the second quarter valued at approximately $35,000. Nvwm LLC bought a new stake in Vanguard High Dividend Yield ETF during the second quarter worth $35,000. GFG Capital LLC bought a new stake in Vanguard High Dividend Yield ETF during the second quarter worth $36,000. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at $39,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $148.69 on Thursday. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $149.23. The firm has a market cap of $71.46 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The business’s fifty day moving average is $145.49 and its 200-day moving average is $141.20.

Vanguard High Dividend Yield ETF Company 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.