Sonata Capital Group Inc. Trims Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Sonata Capital Group Inc. trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,235 shares of the company’s stock after selling 2,800 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 3.9% of Sonata Capital Group Inc.’s holdings, making the stock its 8th biggest holding. Sonata Capital Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $9,132,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Chris Bulman Inc purchased a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth $26,000. Central Pacific Bank Trust Division purchased a new position in Vanguard High Dividend Yield ETF in the first quarter worth about $27,000. Cultivar Capital Inc. bought a new stake in Vanguard High Dividend Yield ETF during the second quarter worth approximately $36,000. Clean Yield Group purchased a new stake in Vanguard High Dividend Yield ETF during the first quarter valued at approximately $44,000. Finally, Highline Wealth Partners LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $45,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM traded up $0.61 during midday trading on Friday, hitting $132.39. The stock had a trading volume of 161,442 shares, compared to its average volume of 900,638. Vanguard High Dividend Yield ETF has a 1 year low of $101.53 and a 1 year high of $132.61. The stock’s 50 day moving average is $127.89 and its 200 day moving average is $122.94. The firm has a market cap of $59.94 billion, a PE ratio of 15.88 and a beta of 0.70.

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.