Strait & Sound Wealth Management LLC Sells 100 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Strait & Sound Wealth Management LLC lowered its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,542 shares of the company’s stock after selling 100 shares during the period. Strait & Sound Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $324,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in VYM. Valley Wealth Managers Inc. grew its holdings in 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. Runnymede Capital Advisors Inc. bought a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth $34,000. Wingate Wealth Advisors Inc. bought a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth $39,000. Pillar Financial Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth $41,000. Finally, Heck Capital Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth $45,000.

Vanguard High Dividend Yield ETF Stock Down 0.4%

Shares of Vanguard High Dividend Yield ETF stock opened at $127.24 on Friday. The firm has a market cap of $58.13 billion, a PE ratio of 18.71 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $135.10. The company’s fifty day simple moving average is $124.89 and its two-hundred day simple moving average is $129.02.

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.