LifeSteps Financial Inc. Trims Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

LifeSteps Financial Inc. trimmed its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,399 shares of the company’s stock after selling 136 shares during the period. Vanguard High Dividend Yield ETF makes up about 3.0% of LifeSteps Financial Inc.’s portfolio, making the stock its 7th biggest position. LifeSteps Financial Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $3,879,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of VYM. FSA Wealth Management LLC purchased a new position in Vanguard High Dividend Yield ETF during the third quarter worth $26,000. Valley Wealth Managers Inc. lifted its holdings 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 last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $39,000. Wingate Wealth Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $39,000. Finally, Highline Wealth Partners LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter worth about $45,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $133.32 on Friday. The stock’s 50 day moving average price is $130.76 and its 200-day moving average price is $129.14. Vanguard High Dividend Yield ETF has a one year low of $114.37 and a one year high of $135.10. The stock has a market cap of $60.37 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

About Vanguard High Dividend Yield ETF

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.