tru Independence LLC Trims Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

tru Independence LLC decreased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,440 shares of the company’s stock after selling 1,405 shares during the quarter. tru Independence LLC’s holdings in Vanguard High Dividend Yield ETF were worth $4,394,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FSA Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the third quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $39,000. Highline Wealth Partners LLC bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $45,000. GAMMA Investing LLC raised its position in shares of Vanguard High Dividend Yield ETF by 352.5% during the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after buying an additional 356 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $64,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $132.24 on Monday. The stock has a market capitalization of $59.88 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The company has a fifty day moving average of $130.56 and a 200 day moving average of $127.72. Vanguard High Dividend Yield ETF has a fifty-two week low of $111.31 and a fifty-two week high of $135.07.

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.