Salomon & Ludwin LLC Cuts Stock Position in Vanguard High Dividend Yield ETF $VYM

Salomon & Ludwin LLC decreased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,867 shares of the company’s stock after selling 5,582 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 1.9% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 16th biggest position. Salomon & Ludwin LLC’s holdings in Vanguard High Dividend Yield ETF were worth $18,748,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Capital Advisory Group Advisory Services LLC grew its position in shares of Vanguard High Dividend Yield ETF by 3.7% during the second quarter. Capital Advisory Group Advisory Services LLC now owns 2,127 shares of the company’s stock valued at $284,000 after purchasing an additional 75 shares in the last quarter. Retirement Planning Group LLC NY grew its position in shares of Vanguard High Dividend Yield ETF by 4.2% during the second quarter. Retirement Planning Group LLC NY now owns 1,949 shares of the company’s stock valued at $260,000 after purchasing an additional 78 shares in the last quarter. HRC Wealth Management LLC grew its position in shares of Vanguard High Dividend Yield ETF by 4.1% during the first quarter. HRC Wealth Management LLC now owns 2,041 shares of the company’s stock valued at $263,000 after purchasing an additional 80 shares in the last quarter. Sunbelt Securities Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 16.6% during the first quarter. Sunbelt Securities Inc. now owns 577 shares of the company’s stock valued at $74,000 after purchasing an additional 82 shares in the last quarter. Finally, Geneva Partners LLC grew its position in shares of Vanguard High Dividend Yield ETF by 1.5% during the first quarter. Geneva Partners LLC now owns 5,761 shares of the company’s stock valued at $743,000 after purchasing an additional 85 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.4%

Shares of Vanguard High Dividend Yield ETF stock opened at $140.11 on Friday. The firm has a market cap of $65.51 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The business has a 50-day moving average price of $139.57 and a 200-day moving average price of $132.69. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $142.22.

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.