Hardy Reed LLC Has $17.22 Million Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Hardy Reed LLC cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 134,283 shares of the company’s stock after selling 1,283 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 1.5% of Hardy Reed LLC’s portfolio, making the stock its 11th biggest position. Hardy Reed LLC’s holdings in Vanguard High Dividend Yield ETF were worth $17,215,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VYM. Russell Investments Group Ltd. increased its position in shares of Vanguard High Dividend Yield ETF by 136.2% during the first quarter. Russell Investments Group Ltd. now owns 489 shares of the company’s stock worth $59,000 after buying an additional 282 shares during the period. Silvercrest Asset Management Group LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth about $697,000. Janus Henderson Group PLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 13.1% in the 1st quarter. Janus Henderson Group PLC now owns 43,857 shares of the company’s stock valued at $5,306,000 after purchasing an additional 5,068 shares during the period. Citizens Financial Group Inc. RI boosted its position in shares of Vanguard High Dividend Yield ETF by 80.9% during the 1st quarter. Citizens Financial Group Inc. RI now owns 13,487 shares of the company’s stock valued at $1,632,000 after purchasing an additional 6,031 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Vanguard High Dividend Yield ETF during the first quarter worth approximately $837,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $134.46 on Wednesday. The company has a market cap of $60.88 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $105.37 and a fifty-two week high of $134.98. The stock has a 50 day simple moving average of $129.74 and a two-hundred day simple moving average of $124.41.

Vanguard High Dividend Yield ETF 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.