Davidson Investment Advisors Decreases Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Davidson Investment Advisors lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 56,396 shares of the company’s stock after selling 1,893 shares during the quarter. Davidson Investment Advisors’ holdings in Vanguard High Dividend Yield ETF were worth $7,196,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. FSA Wealth Management LLC purchased a new position in Vanguard High Dividend Yield ETF in the third quarter worth $26,000. Valley Wealth Managers Inc. increased its position in Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after buying an additional 192 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth about $39,000. Wingate Wealth Advisors Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $39,000. Finally, Highline Wealth Partners LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at about $45,000.

Vanguard High Dividend Yield ETF Stock Down 0.1 %

Shares of Vanguard High Dividend Yield ETF stock opened at $133.77 on Tuesday. The company has a 50 day moving average price of $130.47 and a 200 day moving average price of $128.78. The firm has a market capitalization of $60.57 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52 week low of $113.00 and a 52 week high of $135.07.

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.