Opal Wealth Advisors LLC Lowers Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Opal Wealth Advisors LLC reduced its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 38.3% during the 4th quarter, HoldingsChannel reports. The fund owned 1,753 shares of the company’s stock after selling 1,086 shares during the period. Opal Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $224,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Wingate Wealth Advisors Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $39,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $393,000. Wealthstar Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $585,000. Focused Wealth Management Inc raised its position in shares of Vanguard High Dividend Yield ETF by 0.3% during the 4th quarter. Focused Wealth Management Inc now owns 205,790 shares of the company’s stock worth $26,257,000 after purchasing an additional 693 shares during the last quarter. Finally, Compass Financial Services Inc acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $1,381,000.

Vanguard High Dividend Yield ETF Stock Up 0.5 %

VYM opened at $133.04 on Tuesday. Vanguard High Dividend Yield ETF has a twelve month low of $111.31 and a twelve month high of $135.07. The company has a 50-day moving average price of $130.43 and a 200 day moving average price of $128.42. The company has a market cap of $60.24 billion, a PE ratio of 15.88 and a beta of 0.70.

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.