Lion Street Advisors LLC Cuts Stake in Vanguard High Dividend Yield ETF $VYM

Lion Street Advisors LLC lowered its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,542 shares of the company’s stock after selling 2,069 shares during the quarter. Vanguard High Dividend Yield ETF makes up 1.1% of Lion Street Advisors LLC’s portfolio, making the stock its 17th biggest holding. Lion Street Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,538,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Atwood & Palmer Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth about $26,000. Stone House Investment Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter worth about $27,000. Moisand Fitzgerald Tamayo LLC bought a new position in Vanguard High Dividend Yield ETF during the second quarter valued at approximately $27,000. Financial Management Professionals Inc. bought a new position in Vanguard High Dividend Yield ETF during the second quarter valued at approximately $31,000. Finally, Strategic Investment Solutions Inc. IL boosted its stake in Vanguard High Dividend Yield ETF by 92.0% during the second quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $35,000 after buying an additional 126 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 2.0%

Shares of Vanguard High Dividend Yield ETF stock opened at $137.47 on Monday. The stock has a 50 day moving average of $139.03 and a 200 day moving average of $132.31. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $142.22. The firm has a market cap of $64.27 billion, a PE ratio of 17.79 and a beta of 0.84.

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.