Glen Eagle Advisors LLC Sells 4,896 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Glen Eagle Advisors LLC decreased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.6% during the 4th quarter, Holdings Channel reports. The fund owned 45,889 shares of the company’s stock after selling 4,896 shares during the quarter. Vanguard High Dividend Yield ETF accounts for about 1.0% of Glen Eagle Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Glen Eagle Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,855,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Valley Wealth Managers Inc. lifted its stake in 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 buying an additional 192 shares in the last quarter. Runnymede Capital Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $34,000. Wingate Wealth Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $39,000. Pillar Financial Advisors LLC bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $41,000. Finally, Heck Capital Advisors LLC bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $45,000.

Vanguard High Dividend Yield ETF Stock Down 0.1%

Shares of VYM stock opened at $130.10 on Wednesday. The company’s fifty day simple moving average is $124.95 and its 200-day simple moving average is $129.03. The firm has a market cap of $59.44 billion, a PE ratio of 18.71 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $135.10.

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.