Safeguard Financial LLC Lowers Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Safeguard Financial LLC reduced its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 26.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,809 shares of the company’s stock after selling 635 shares during the quarter. Safeguard Financial LLC’s holdings in Vanguard High Dividend Yield ETF were worth $202,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Providence Capital Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the third quarter valued at approximately $25,000. Sunbelt Securities Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the first quarter worth $32,000. Halpern Financial Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $34,000. BluePath Capital Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at $39,000. Finally, Fortitude Family Office LLC purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at $45,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM traded down $0.62 during midday trading on Tuesday, hitting $114.91. The company had a trading volume of 1,578,509 shares, compared to its average volume of 1,151,776. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $121.29. The company’s 50-day simple moving average is $116.78 and its 200-day simple moving average is $110.50. The firm has a market capitalization of $52.03 billion, a P/E ratio of 15.82 and a beta of 0.73.

About Vanguard High Dividend Yield ETF

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.