Horizon Investment Services LLC Has $656,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Horizon Investment Services LLC reduced its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,532 shares of the company’s stock after selling 295 shares during the period. Horizon Investment Services LLC’s holdings in Vanguard High Dividend Yield ETF were worth $656,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in VYM. Bordeaux Wealth Advisors LLC bought a new position in Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $11,670,000. Nicholas Hoffman & Company LLC. lifted its holdings in Vanguard High Dividend Yield ETF by 103.1% during the 2nd quarter. Nicholas Hoffman & Company LLC. now owns 3,939 shares of the company’s stock valued at $467,000 after purchasing an additional 2,000 shares during the last quarter. Mayflower Financial Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 7.0% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 7,176 shares of the company’s stock valued at $851,000 after purchasing an additional 468 shares during the last quarter. Stablepoint Partners LLC lifted its holdings in Vanguard High Dividend Yield ETF by 6.6% during the 2nd quarter. Stablepoint Partners LLC now owns 3,871 shares of the company’s stock valued at $477,000 after purchasing an additional 241 shares during the last quarter. Finally, Larson Financial Group LLC lifted its holdings in Vanguard High Dividend Yield ETF by 5.6% during the 2nd quarter. Larson Financial Group LLC now owns 7,973 shares of the company’s stock valued at $946,000 after purchasing an additional 422 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.7 %

Shares of VYM stock opened at $124.84 on Friday. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $127.50. The company has a market capitalization of $56.53 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm has a 50-day moving average price of $122.35 and a 200 day moving average price of $119.62.

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.