Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Position Cut by Tucker Asset Management LLC

Tucker Asset Management LLC lessened its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 43.0% during the fourth quarter, Holdings Channel reports. The fund owned 1,888 shares of the company’s stock after selling 1,424 shares during the quarter. Tucker Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $241,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently 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 $26,000. Valley Wealth Managers Inc. increased 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 buying an additional 192 shares during the period. Runnymede Capital Advisors Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $34,000. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $39,000. Finally, Wingate Wealth Advisors Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $39,000.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $127.55 on Friday. The business has a 50 day moving average price of $131.55 and a two-hundred day moving average price of $130.24. The company has a market capitalization of $58.65 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were paid a dividend of $0.85 per share. The ex-dividend date was Friday, March 21st.

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.