Element Wealth LLC Sells 319 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Element Wealth LLC reduced its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 20.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,245 shares of the company’s stock after selling 319 shares during the quarter. Element Wealth LLC’s holdings in Vanguard High Dividend Yield ETF were worth $160,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Diversified Trust Co grew its stake in Vanguard High Dividend Yield ETF by 49.9% in the first quarter. Diversified Trust Co now owns 24,386 shares of the company’s stock valued at $2,950,000 after acquiring an additional 8,116 shares during the period. Vanguard Group Inc. boosted its position in shares of Vanguard High Dividend Yield ETF by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 3,230,426 shares of the company’s stock valued at $360,612,000 after buying an additional 9,362 shares during the last quarter. QRG Capital Management Inc. boosted its position in shares of Vanguard High Dividend Yield ETF by 67.2% during the second quarter. QRG Capital Management Inc. now owns 11,733 shares of the company’s stock valued at $1,392,000 after buying an additional 4,714 shares during the last quarter. Janus Henderson Group PLC boosted its position in shares of Vanguard High Dividend Yield ETF by 13.1% during the first quarter. Janus Henderson Group PLC now owns 43,857 shares of the company’s stock valued at $5,306,000 after buying an additional 5,068 shares during the last quarter. Finally, Goelzer Investment Management Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $397,000.

Vanguard High Dividend Yield ETF Stock Down 0.2 %

Shares of NYSEARCA:VYM opened at $129.48 on Friday. The stock has a market cap of $58.63 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $131.85. The business’s 50 day moving average is $127.08 and its 200 day moving average is $122.10.

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.