Vanguard High Dividend Yield ETF $VYM Shares Sold by Beacon Financial Group

Beacon Financial Group cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 220,047 shares of the company’s stock after selling 13,768 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 3.1% of Beacon Financial Group’s portfolio, making the stock its 2nd biggest holding. Beacon Financial Group’s holdings in Vanguard High Dividend Yield ETF were worth $29,334,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clark Asset Management LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 68.6% during the first quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock worth $502,000 after buying an additional 1,585 shares during the period. BNP Paribas Financial Markets lifted its position in Vanguard High Dividend Yield ETF by 214,700.0% in the fourth quarter. BNP Paribas Financial Markets now owns 2,148 shares of the company’s stock worth $274,000 after purchasing an additional 2,147 shares during the period. GAMMA Investing LLC lifted its position in Vanguard High Dividend Yield ETF by 12,965.2% in the first quarter. GAMMA Investing LLC now owns 59,708 shares of the company’s stock worth $7,700,000 after purchasing an additional 59,251 shares during the period. ARQ Wealth Advisors LLC lifted its position in Vanguard High Dividend Yield ETF by 9.8% in the fourth quarter. ARQ Wealth Advisors LLC now owns 17,226 shares of the company’s stock worth $2,198,000 after purchasing an additional 1,539 shares during the period. Finally, Ironwood Wealth Management Inc. lifted its position in Vanguard High Dividend Yield ETF by 5.9% in the first quarter. Ironwood Wealth Management Inc. now owns 93,959 shares of the company’s stock worth $11,197,000 after purchasing an additional 5,220 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $141.12 on Tuesday. The company has a market capitalization of $64.65 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $142.17. The business has a 50 day moving average price of $136.92 and a two-hundred day moving average price of $130.82.

Vanguard High Dividend Yield ETF Company Profile

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.