Wealthspire Advisors LLC Sells 147,336 Shares of Vanguard High Dividend Yield ETF $VYM

Wealthspire Advisors LLC reduced its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 52.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 132,086 shares of the company’s stock after selling 147,336 shares during the period. Wealthspire Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $18,957,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Lloyd Advisory Services LLC. bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $25,000. Dorato Capital Management bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at $30,000. LRI Investments LLC boosted its holdings in Vanguard High Dividend Yield ETF by 400.0% during the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after acquiring an additional 200 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $40,000. Finally, DecisionPoint Financial LLC purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $44,000.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $160.33 on Friday. The company has a market capitalization of $78.64 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The firm’s fifty day moving average price is $155.81 and its two-hundred day moving average price is $151.10. Vanguard High Dividend Yield ETF has a 1 year low of $129.11 and a 1 year high of $161.29.

Vanguard High Dividend Yield ETF Profile

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.