Trinity Financial Advisors LLC Has $3.18 Million Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Trinity Financial Advisors LLC cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 48.6% during the first quarter, HoldingsChannel.com reports. The firm owned 24,639 shares of the company’s stock after selling 23,253 shares during the quarter. Vanguard High Dividend Yield ETF makes up 0.6% of Trinity Financial Advisors LLC’s portfolio, making the stock its 22nd biggest position. Trinity Financial Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,177,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of VYM. Valley Wealth Managers Inc. raised its holdings in Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after buying an additional 192 shares during the period. Runnymede Capital Advisors Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $34,000. Wingate Wealth Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $39,000. Pillar Financial Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $41,000. Finally, Heck Capital Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at $45,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $131.14 on Wednesday. The stock has a market capitalization of $59.85 billion, a PE ratio of 18.75 and a beta of 0.79. The business has a fifty day moving average price of $125.03 and a two-hundred day moving average price of $128.79. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $135.10.

Vanguard High Dividend Yield ETF Company 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.