Leavell Investment Management Inc. Lowers Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Leavell Investment Management Inc. reduced its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,665 shares of the company’s stock after selling 782 shares during the period. Leavell Investment Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,999,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Single Point Partners LLC purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at $780,000. Wealthcare Capital Partners LLC purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at $2,049,000. Sovran Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at $1,441,000. Stonebridge Financial Group LLC purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at $654,000. Finally, Essex Financial Services Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 2.1% in the fourth quarter. Essex Financial Services Inc. now owns 161,290 shares of the company’s stock valued at $20,579,000 after purchasing an additional 3,362 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.5 %

NYSEARCA:VYM opened at $133.15 on Thursday. The firm has a market cap of $60.29 billion, a PE ratio of 15.88 and a beta of 0.70. The stock has a fifty day moving average price of $130.42 and a 200 day moving average price of $128.57. Vanguard High Dividend Yield ETF has a 12-month low of $111.31 and a 12-month high of $135.07.

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.