Dynamic Advisor Solutions LLC Has $5.75 Million Stock Position in Vanguard High Dividend Yield ETF $VYM

Dynamic Advisor Solutions LLC reduced its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 36.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,057 shares of the company’s stock after selling 22,549 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,749,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VYM. Gallagher Fiduciary Advisors LLC raised 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 valued at $1,064,039,000 after purchasing an additional 7,917,178 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter worth $316,679,000. Rakuten Investment Management Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter worth $199,321,000. Cornerstone Planning Group LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 57,021.7% during the third quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock valued at $74,233,000 after buying an additional 525,740 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of Vanguard High Dividend Yield ETF by 493.0% during the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock valued at $84,110,000 after buying an additional 496,110 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 1.6%

NYSEARCA:VYM opened at $145.17 on Monday. The business’s fifty day moving average price is $151.42 and its 200 day moving average price is $145.44. The firm has a market capitalization of $69.77 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $157.29.

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.