Ritholtz Wealth Management Sells 4,038 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Ritholtz Wealth Management lowered its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 10.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 33,827 shares of the company’s stock after selling 4,038 shares during the quarter. Ritholtz Wealth Management’s holdings in Vanguard High Dividend Yield ETF were worth $4,337,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Chris Bulman Inc acquired a new position in shares of Vanguard High Dividend Yield ETF in the second quarter valued at $26,000. Central Pacific Bank Trust Division bought a new stake in Vanguard High Dividend Yield ETF during the first quarter worth about $27,000. Cultivar Capital Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the second quarter worth about $36,000. Dixon Mitchell Investment Counsel Inc. bought a new position in Vanguard High Dividend Yield ETF in the 1st quarter valued at about $44,000. Finally, Clean Yield Group acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at $44,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM traded up $1.34 during midday trading on Friday, hitting $130.11. 584,905 shares of the stock were exchanged, compared to its average volume of 915,563. The stock has a market capitalization of $58.91 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 $130.24. The business’s 50-day moving average price is $125.34 and its 200 day moving average price is $121.49.

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.