Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC lowered its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,006,578 shares of the company’s stock after selling 10,113 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 0.7% of Kestra Advisory Services LLC’s investment portfolio, making the stock its 18th largest holding. Kestra Advisory Services LLC owned approximately 0.22% of Vanguard High Dividend Yield ETF worth $128,429,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in VYM. Axxcess Wealth Management LLC grew its position in shares of Vanguard High Dividend Yield ETF by 13.8% during the third quarter. Axxcess Wealth Management LLC now owns 2,222 shares of the company’s stock worth $285,000 after buying an additional 269 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 2.4% during the third quarter. Oppenheimer & Co. Inc. now owns 6,912 shares of the company’s stock worth $886,000 after buying an additional 159 shares in the last quarter. Ferguson Wellman Capital Management Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 18.3% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 5,387 shares of the company’s stock worth $691,000 after buying an additional 832 shares in the last quarter. Balboa Wealth Partners grew its position in shares of Vanguard High Dividend Yield ETF by 10.0% during the third quarter. Balboa Wealth Partners now owns 4,958 shares of the company’s stock worth $636,000 after buying an additional 449 shares in the last quarter. Finally, Black Diamond Financial LLC grew its position in shares of Vanguard High Dividend Yield ETF by 8.8% during the third quarter. Black Diamond Financial LLC now owns 3,892 shares of the company’s stock worth $499,000 after buying an additional 315 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 1.5 %

VYM stock opened at $128.28 on Friday. The company has a market capitalization of $58.86 billion, a P/E ratio of 19.65 and a beta of 0.85. The firm has a 50 day simple moving average of $131.42 and a 200-day simple moving average of $130.00. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10.

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.