Petix & Botte Co Sells 2,101 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Petix & Botte Co trimmed its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,661 shares of the company’s stock after selling 2,101 shares during the period. Vanguard High Dividend Yield ETF comprises about 1.1% of Petix & Botte Co’s portfolio, making the stock its 22nd largest position. Petix & Botte Co’s holdings in Vanguard High Dividend Yield ETF were worth $3,646,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VYM. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Vanguard High Dividend Yield ETF by 7.4% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 75,500 shares of the company’s stock valued at $8,428,000 after acquiring an additional 5,212 shares in the last quarter. N.E.W. Advisory Services LLC boosted its holdings in Vanguard High Dividend Yield ETF by 2.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 11,669 shares of the company’s stock worth $1,303,000 after purchasing an additional 242 shares during the last quarter. Apollon Wealth Management LLC boosted its holdings in Vanguard High Dividend Yield ETF by 1.6% during the fourth quarter. Apollon Wealth Management LLC now owns 24,879 shares of the company’s stock worth $2,777,000 after purchasing an additional 394 shares during the last quarter. Lincoln National Corp grew its position in Vanguard High Dividend Yield ETF by 7.3% in the fourth quarter. Lincoln National Corp now owns 147,987 shares of the company’s stock valued at $16,520,000 after purchasing an additional 10,032 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in Vanguard High Dividend Yield ETF by 7.2% in the 4th quarter. Private Advisor Group LLC now owns 398,224 shares of the company’s stock valued at $44,454,000 after buying an additional 26,591 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM traded up $0.71 on Monday, hitting $117.84. 626,609 shares of the company’s stock were exchanged, compared to its average volume of 1,098,110. The firm has a 50-day moving average price of $117.66 and a 200-day moving average price of $112.01. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $121.29. The company has a market cap of $53.36 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.