Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Ally Invest Advisors Inc.

Ally Invest Advisors Inc. lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 29,632 shares of the company’s stock after selling 107 shares during the period. Vanguard High Dividend Yield ETF comprises approximately 0.3% of Ally Invest Advisors Inc.’s holdings, making the stock its 21st largest position. Ally Invest Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $3,781,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Valley Wealth Managers Inc. lifted its stake in shares of Vanguard High Dividend Yield ETF by 314.8% in the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after acquiring an additional 192 shares during the period. Runnymede Capital Advisors Inc. purchased a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $34,000. Decker Retirement Planning Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $39,000. Wingate Wealth Advisors Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $39,000. Finally, Pillar Financial Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $41,000.

Vanguard High Dividend Yield ETF Trading Up 1.1 %

Shares of VYM stock opened at $122.30 on Tuesday. The stock has a 50 day simple moving average of $128.74 and a 200-day simple moving average of $129.82. The company has a market cap of $56.26 billion, a price-to-earnings ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were issued a $0.85 dividend. The ex-dividend date of this dividend was Friday, March 21st.

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.