Royal Fund Management LLC Has $1.62 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Royal Fund Management LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 50.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,619 shares of the company’s stock after selling 12,825 shares during the period. Royal Fund Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,621,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of VYM. FSA Wealth Management LLC bought a new stake in Vanguard High Dividend Yield ETF during the third quarter worth about $26,000. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $39,000. Highline Wealth Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $45,000. GAMMA Investing LLC increased its stake in Vanguard High Dividend Yield ETF by 352.5% in the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after acquiring an additional 356 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC acquired a new position in Vanguard High Dividend Yield ETF during the third quarter valued at approximately $64,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $131.69 on Tuesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $109.47 and a fifty-two week high of $135.07. The business has a fifty day moving average price of $130.47 and a two-hundred day moving average price of $127.24. The stock has a market capitalization of $59.63 billion, a PE ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company 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.