Valley National Advisers Inc. Has $822,000 Holdings in Vanguard High Dividend Yield ETF $VYM

Valley National Advisers Inc. trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 40.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,839 shares of the company’s stock after selling 4,015 shares during the period. Valley National Advisers Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $822,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VYM. Atwood & Palmer Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC bought a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $27,000. Financial Management Professionals Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at approximately $31,000. Kiker Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $35,000. Finally, Strategic Investment Solutions Inc. IL boosted its stake in shares of Vanguard High Dividend Yield ETF by 92.0% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $35,000 after acquiring an additional 126 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.0%

VYM opened at $145.09 on Friday. The stock’s fifty day simple moving average is $142.67 and its 200 day simple moving average is $138.92. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $147.88. The stock has a market cap of $67.84 billion, a PE ratio of 17.79 and a beta of 0.79.

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.