Orion Capital Management LLC Has $3.42 Million Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Orion Capital Management LLC lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,655 shares of the company’s stock after selling 350 shares during the quarter. Vanguard High Dividend Yield ETF accounts for about 2.0% of Orion Capital Management LLC’s holdings, making the stock its 13th largest position. Orion Capital Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,422,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Blackston Financial Advisory Group LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $6,776,000. BKM Wealth Management LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $717,000. Highland Financial Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 10.6% during the fourth quarter. Highland Financial Advisors LLC now owns 252,206 shares of the company’s stock worth $28,154,000 after buying an additional 24,094 shares during the last quarter. Davidson Trust Co. boosted its stake in shares of Vanguard High Dividend Yield ETF by 42.3% in the fourth quarter. Davidson Trust Co. now owns 26,472 shares of the company’s stock valued at $2,955,000 after buying an additional 7,867 shares during the period. Finally, Stillwater Capital Advisors LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 0.7% in the 4th quarter. Stillwater Capital Advisors LLC now owns 58,093 shares of the company’s stock valued at $6,485,000 after acquiring an additional 416 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM traded up $0.31 during mid-day trading on Wednesday, hitting $116.78. 638,592 shares of the stock traded hands, compared to its average volume of 1,108,632. The company has a market cap of $52.88 billion, a PE ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $121.29. The firm has a 50 day simple moving average of $117.52 and a two-hundred day simple moving average of $111.63.

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.