Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Stock Position Lowered by Twele Capital Management Inc.

Twele Capital Management Inc. reduced its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 288,232 shares of the company’s stock after selling 5,169 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 7.8% of Twele Capital Management Inc.’s investment portfolio, making the stock its 6th largest holding. Twele Capital Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $36,776,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after purchasing an additional 9,363 shares during the last quarter. World Investment Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 451.3% in the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock worth $2,941,000 after acquiring an additional 18,778 shares during the last quarter. Semmax Financial Advisors Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 3.2% in the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after acquiring an additional 1,171 shares during the last quarter. Greenline Partners LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 14.1% in the second quarter. Greenline Partners LLC now owns 2,086 shares of the company’s stock worth $247,000 after acquiring an additional 258 shares during the last quarter. Finally, Silver Lake Advisory LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at $251,000.

Vanguard High Dividend Yield ETF Trading Up 1.3 %

Shares of VYM stock opened at $129.89 on Thursday. The company has a market capitalization of $58.81 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm has a 50-day moving average price of $130.56 and a 200 day moving average price of $126.99. Vanguard High Dividend Yield ETF has a twelve month low of $109.47 and a twelve month high of $135.07.

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.