American Money Management LLC Has $243,000 Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

American Money Management LLC lessened its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 25.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,903 shares of the company’s stock after selling 644 shares during the period. American Money Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $243,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. FSA Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $26,000. Valley Wealth Managers Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after purchasing an additional 192 shares during the last quarter. Runnymede Capital Advisors Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $34,000. Decker Retirement Planning Inc. acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $39,000. Finally, Wingate Wealth Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at $39,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $127.55 on Friday. The company’s 50-day moving average price is $131.55 and its two-hundred day moving average price is $130.29. Vanguard High Dividend Yield ETF has a one year low of $114.37 and a one year high of $135.10. The stock has a market capitalization of $58.65 billion, a PE ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Cuts Dividend

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

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.