Mission Wealth Management LP Reduces Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Mission Wealth Management LP lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.4% during the fourth quarter, HoldingsChannel reports. The firm owned 49,783 shares of the company’s stock after selling 3,972 shares during the period. Mission Wealth Management LP’s holdings in Vanguard High Dividend Yield ETF were worth $6,352,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FSA Wealth Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at about $26,000. Valley Wealth Managers Inc. grew its stake in Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after acquiring an additional 192 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $39,000. Wingate Wealth Advisors Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $39,000. Finally, Heck Capital Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $45,000.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $134.05 on Monday. Vanguard High Dividend Yield ETF has a 1 year low of $114.37 and a 1 year high of $135.10. The firm has a market capitalization of $61.51 billion, a PE ratio of 19.65 and a beta of 0.85. The business has a 50 day simple moving average of $131.19 and a 200-day simple moving average of $129.73.

Vanguard High Dividend Yield ETF 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.