Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Financial Network Wealth Management LLC

Financial Network Wealth Management LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,873 shares of the company’s stock after selling 82 shares during the period. Financial Network Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $366,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. FSA Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter worth about $26,000. Valley Wealth Managers Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 314.8% during the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after buying an additional 192 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $39,000. Wingate Wealth Advisors Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $39,000. Finally, Pillar Financial Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $41,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $129.79 on Friday. The company has a market cap of $59.68 billion, a PE ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10. The company has a 50-day simple moving average of $131.56 and a 200-day simple moving average of $130.09.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be issued a $0.85 dividend. The ex-dividend date is Friday, March 21st.

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.