Rooted Wealth Advisors Inc. Trims Holdings in Vanguard High Dividend Yield ETF $VYM

Rooted Wealth Advisors Inc. trimmed its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.9% in the 4th quarter, HoldingsChannel reports. The fund owned 46,867 shares of the company’s stock after selling 5,154 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 2.0% of Rooted Wealth Advisors Inc.’s holdings, making the stock its 12th largest holding. Rooted Wealth Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $7,161,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lloyd Advisory Services LLC. purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $25,000. Dorato Capital Management bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $30,000. Stonehage Fleming Financial Services Holdings Ltd bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $31,000. LRI Investments LLC boosted its stake in Vanguard High Dividend Yield ETF by 400.0% in the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after purchasing an additional 200 shares during the period. Finally, Chilton Capital Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 72.3% in the 3rd quarter. Chilton Capital Management LLC now owns 305 shares of the company’s stock worth $43,000 after purchasing an additional 128 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $158.70 on Monday. Vanguard High Dividend Yield ETF has a 1-year low of $126.00 and a 1-year high of $158.96. The company has a market capitalization of $77.84 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The business has a 50 day simple moving average of $152.34 and a two-hundred day simple moving average of $149.19.

About Vanguard High Dividend Yield ETF

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.