Vanguard High Dividend Yield ETF $VYM Stake Lowered by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 37.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,304 shares of the company’s stock after selling 9,004 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,157,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Gallagher Fiduciary Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 12,273.0% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock worth $1,064,039,000 after purchasing an additional 7,917,178 shares during the last quarter. Rakuten Investment Management Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at about $199,321,000. Auto Owners Insurance Co grew its stake in shares of Vanguard High Dividend Yield ETF by 125.2% in the 2nd quarter. Auto Owners Insurance Co now owns 724,200 shares of the company’s stock valued at $96,543,000 after buying an additional 402,667 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in Vanguard High Dividend Yield ETF by 13.3% in the second quarter. The Manufacturers Life Insurance Company now owns 2,683,539 shares of the company’s stock worth $357,743,000 after buying an additional 314,494 shares during the last quarter. Finally, Quaker Wealth Management LLC increased its holdings in Vanguard High Dividend Yield ETF by 258.8% in the second quarter. Quaker Wealth Management LLC now owns 167,307 shares of the company’s stock worth $22,304,000 after buying an additional 272,656 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.5%

NYSEARCA VYM opened at $147.69 on Monday. The stock has a market capitalization of $70.98 billion, a PE ratio of 17.79 and a beta of 0.79. The company has a 50 day moving average price of $144.95 and a two-hundred day moving average price of $140.96. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $149.22.

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.