Geneva Partners LLC Reduces Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Geneva Partners LLC trimmed its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,468 shares of the company’s stock after selling 433 shares during the quarter. Geneva Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $610,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. ZWJ Investment Counsel Inc. raised its stake in Vanguard High Dividend Yield ETF by 1.4% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 9,980 shares of the company’s stock valued at $1,114,000 after purchasing an additional 140 shares in the last quarter. Onyx Bridge Wealth Group LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 11.7% in the fourth quarter. Onyx Bridge Wealth Group LLC now owns 23,745 shares of the company’s stock worth $2,651,000 after purchasing an additional 2,480 shares during the last quarter. Wetzel Investment Advisors Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $577,000. Paladin Advisory Group LLC grew its position in shares of Vanguard High Dividend Yield ETF by 2.4% in the 4th quarter. Paladin Advisory Group LLC now owns 4,377 shares of the company’s stock worth $489,000 after buying an additional 101 shares during the last quarter. Finally, Institute for Wealth Management LLC. raised its holdings in shares of Vanguard High Dividend Yield ETF by 3.8% during the fourth quarter. Institute for Wealth Management LLC. now owns 2,907 shares of the company’s stock valued at $324,000 after acquiring an additional 106 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock traded up $0.96 during mid-day trading on Friday, reaching $115.93. 1,042,991 shares of the company traded hands, compared to its average volume of 1,147,445. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $121.29. The firm has a market capitalization of $52.49 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73. The firm’s 50 day moving average price is $116.97 and its 200 day moving average price is $110.74.

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.