Vanguard High Dividend Yield ETF $VYM Shares Sold by Orion Capital Management LLC

Orion Capital Management LLC cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,788 shares of the company’s stock after selling 1,865 shares during the period. Vanguard High Dividend Yield ETF makes up 1.4% of Orion Capital Management LLC’s holdings, making the stock its 14th biggest holding. Orion Capital Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 23.3% during the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after purchasing an additional 3,177 shares during the period. Clark Asset Management LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 68.6% during the first quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock worth $502,000 after buying an additional 1,585 shares during the period. Chevy Chase Trust Holdings LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 1.5% during the first quarter. Chevy Chase Trust Holdings LLC now owns 27,948 shares of the company’s stock worth $3,604,000 after buying an additional 400 shares during the period. Moran Wealth Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the first quarter valued at $225,000. Finally, Pure Financial Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 30.7% in the 1st quarter. Pure Financial Advisors LLC now owns 2,967 shares of the company’s stock valued at $383,000 after buying an additional 697 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.5%

VYM opened at $141.62 on Friday. The stock’s 50-day moving average price is $140.01 and its 200 day moving average price is $133.51. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $142.22. The firm has a market cap of $66.21 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

Vanguard High Dividend Yield ETF 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.