DMKC Advisory Services LLC Sells 74,647 Shares of Vanguard High Dividend Yield ETF $VYM

DMKC Advisory Services LLC trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 32.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 155,254 shares of the company’s stock after selling 74,647 shares during the quarter. Vanguard High Dividend Yield ETF accounts for about 5.8% of DMKC Advisory Services LLC’s holdings, making the stock its 3rd largest holding. DMKC Advisory Services LLC’s holdings in Vanguard High Dividend Yield ETF were worth $24,095,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of VYM. Bryn Mawr Trust Advisors LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.5% in the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 125,161 shares of the company’s stock worth $19,425,000 after acquiring an additional 583 shares during the last quarter. FWG Investments LLC. boosted its stake in shares of Vanguard High Dividend Yield ETF by 24.2% in the 3rd quarter. FWG Investments LLC. now owns 7,052 shares of the company’s stock valued at $1,094,000 after purchasing an additional 1,373 shares in the last quarter. M Holdings Securities Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at $352,000. Shepherd Financial Partners LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at $549,000. Finally, Brighton Jones LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 7.5% during the 3rd quarter. Brighton Jones LLC now owns 22,767 shares of the company’s stock valued at $3,533,000 after purchasing an additional 1,582 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 2.3%

Shares of NYSEARCA:VYM opened at $162.72 on Tuesday. The stock has a market cap of $82.78 billion, a PE ratio of 17.79 and a beta of 0.72. The company’s fifty day moving average is $160.60 and its 200 day moving average is $157.56. Vanguard High Dividend Yield ETF has a 52 week low of $138.35 and a 52 week high of $167.61.

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.