Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC reduced its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,602 shares of the company’s stock after selling 1,847 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,136,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VYM. FSA Wealth Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at $26,000. Valley Wealth Managers Inc. grew its position 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 valued at $32,000 after buying an additional 192 shares in the last quarter. Runnymede Capital Advisors Inc. acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $34,000. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $39,000. Finally, Wingate Wealth Advisors Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $39,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $128.40 on Monday. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10. The firm has a market capitalization of $59.04 billion, a PE ratio of 18.95 and a beta of 0.83. The company’s 50 day simple moving average is $131.61 and its 200 day simple moving average is $130.16.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be given a dividend of $0.85 per share. The ex-dividend date is Friday, March 21st.

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.