Sequoia Financial Advisors LLC Sells 6,905 Shares of Vanguard High Dividend Yield ETF $VYM

Sequoia Financial Advisors LLC reduced its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,543 shares of the company’s stock after selling 6,905 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $7,634,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Auto Owners Insurance Co lifted its stake in Vanguard High Dividend Yield ETF by 20,425.2% in the 4th quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock valued at $21,333,339,000 after purchasing an additional 147,919,464 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Vanguard High Dividend Yield ETF by 17,493.6% during the fourth quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock worth $100,597,000 after buying an additional 696,944 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Vanguard High Dividend Yield ETF by 493.0% during the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock worth $84,110,000 after buying an additional 496,110 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 846.2% in the 3rd quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock valued at $56,602,000 after acquiring an additional 359,136 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 5.3% in the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock valued at $978,823,000 after acquiring an additional 345,129 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM traded up $0.51 during mid-day trading on Friday, hitting $161.06. 1,354,307 shares of the stock traded hands, compared to its average volume of 1,491,928. The company has a market cap of $80.49 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a twelve month low of $132.01 and a twelve month high of $161.46. The firm has a 50 day simple moving average of $158.34 and a two-hundred day simple moving average of $153.14.

Vanguard High Dividend Yield ETF Company 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.