Kingswood Wealth Advisors LLC Reduces Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Kingswood Wealth Advisors LLC lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,633 shares of the company’s stock after selling 1,921 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,867,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 7.5% in the second quarter. AQR Capital Management LLC now owns 4,935 shares of the company’s stock worth $585,000 after purchasing an additional 343 shares during the last quarter. Nemes Rush Group LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 1,036.9% in the 2nd quarter. Nemes Rush Group LLC now owns 1,694 shares of the company’s stock worth $201,000 after buying an additional 1,545 shares in the last quarter. Silver Lake Advisory LLC purchased a new position in Vanguard High Dividend Yield ETF in the second quarter worth about $251,000. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard High Dividend Yield ETF by 6.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 205,132 shares of the company’s stock worth $24,328,000 after acquiring an additional 12,107 shares during the last quarter. Finally, Covington Investment Advisors Inc. raised its position in Vanguard High Dividend Yield ETF by 4.6% during the second quarter. Covington Investment Advisors Inc. now owns 36,753 shares of the company’s stock valued at $4,359,000 after purchasing an additional 1,617 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $132.72 on Tuesday. Vanguard High Dividend Yield ETF has a one year low of $111.31 and a one year high of $135.07. The stock has a market cap of $60.09 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock’s 50 day moving average price is $130.56 and its 200-day moving average price is $127.72.

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.