GC Wealth Management RIA LLC Has $5.61 Million Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

GC Wealth Management RIA LLC lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 8.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 43,984 shares of the company’s stock after selling 4,212 shares during the quarter. Vanguard High Dividend Yield ETF accounts for about 1.0% of GC Wealth Management RIA LLC’s investment portfolio, making the stock its 23rd largest position. GC Wealth Management RIA LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,612,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BSW Wealth Partners grew its holdings in shares of Vanguard High Dividend Yield ETF by 1.9% during the 4th quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock worth $522,000 after purchasing an additional 76 shares in the last quarter. BLB&B Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 5.0% during the 4th quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock worth $210,000 after purchasing an additional 79 shares in the last quarter. Constant Guidance Financial LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 0.7% during the 4th quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock worth $1,542,000 after purchasing an additional 81 shares in the last quarter. Verus Capital Partners LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 0.6% during the 3rd quarter. Verus Capital Partners LLC now owns 14,164 shares of the company’s stock worth $1,816,000 after purchasing an additional 85 shares in the last quarter. Finally, Bogart Wealth LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 1.0% during the 4th quarter. Bogart Wealth LLC now owns 9,140 shares of the company’s stock worth $1,166,000 after purchasing an additional 92 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 1.3 %

Shares of NYSEARCA:VYM opened at $129.49 on Tuesday. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10. The firm has a market capitalization of $59.42 billion, a PE ratio of 19.65 and a beta of 0.85. The business’s 50 day moving average is $131.45 and its 200-day moving average is $130.01.

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.