Orion Capital Management LLC Sells 960 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Orion Capital Management LLC trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,575 shares of the company’s stock after selling 960 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 1.8% of Orion Capital Management LLC’s holdings, making the stock its 15th largest holding. Orion Capital Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,663,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Frisch Financial Group Inc. increased its stake in Vanguard High Dividend Yield ETF by 11.5% during the third quarter. Frisch Financial Group Inc. now owns 4,370 shares of the company’s stock valued at $560,000 after acquiring an additional 452 shares during the period. Brophy Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $290,000. Executive Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $18,642,000. Raab & Moskowitz Asset Management LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 8.5% in the 3rd quarter. Raab & Moskowitz Asset Management LLC now owns 67,499 shares of the company’s stock valued at $8,653,000 after purchasing an additional 5,311 shares during the period. Finally, MML Investors Services LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 2.7% in the 3rd quarter. MML Investors Services LLC now owns 549,313 shares of the company’s stock valued at $70,422,000 after purchasing an additional 14,340 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.7 %

VYM stock opened at $131.90 on Tuesday. Vanguard High Dividend Yield ETF has a 1-year low of $107.92 and a 1-year high of $135.07. The firm has a market cap of $59.72 billion, a P/E ratio of 15.88 and a beta of 0.70. The business’s 50 day moving average is $130.82 and its 200-day moving average is $125.22.

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.