Flagship Wealth Advisors LLC Sells 18,311 Shares of Vanguard High Dividend Yield ETF $VYM

Flagship Wealth Advisors LLC trimmed its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 14.9% during the first quarter, Holdings Channel.com reports. The firm owned 104,584 shares of the company’s stock after selling 18,311 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 6.4% of Flagship Wealth Advisors LLC’s holdings, making the stock its 3rd largest position. Flagship Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $15,489,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of VYM. Brighton Jones LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 23.3% in the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after purchasing an additional 3,177 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 314.5% in the 1st quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after purchasing an additional 21,713 shares during the period. Russell Investments Group Ltd. grew its stake in Vanguard High Dividend Yield ETF by 245.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock worth $469,000 after buying an additional 2,501 shares during the last quarter. First Trust Advisors LP grew its stake in Vanguard High Dividend Yield ETF by 42.7% during the 2nd quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock worth $2,475,000 after buying an additional 5,556 shares during the last quarter. Finally, Gamco Investors INC. ET AL acquired a new position in Vanguard High Dividend Yield ETF during the second quarter worth approximately $1,066,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM opened at $161.96 on Friday. The stock has a market cap of $80.94 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a twelve month low of $132.01 and a twelve month high of $164.40. The stock has a 50 day moving average of $159.79 and a two-hundred day moving average of $154.84.

Vanguard High Dividend Yield ETF Profile

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.