Root Financial Partners LLC Sells 9,495 Shares of Vanguard High Dividend Yield ETF $VYM

Root Financial Partners LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 43.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 12,531 shares of the company’s stock after selling 9,495 shares during the period. Root Financial Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,766,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VYM. D.A. Davidson & CO. raised its position in Vanguard High Dividend Yield ETF by 9.7% during the 3rd quarter. D.A. Davidson & CO. now owns 761,156 shares of the company’s stock valued at $107,285,000 after purchasing an additional 67,412 shares in the last quarter. Alpha Cubed Investments LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 2.0% during the second quarter. Alpha Cubed Investments LLC now owns 23,246 shares of the company’s stock valued at $3,099,000 after buying an additional 448 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of Vanguard High Dividend Yield ETF by 55.5% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,938 shares of the company’s stock valued at $1,542,000 after buying an additional 3,903 shares during the period. Etesian Wealth Advisors Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 103.8% in the third quarter. Etesian Wealth Advisors Inc. now owns 12,225 shares of the company’s stock valued at $1,723,000 after acquiring an additional 6,225 shares in the last quarter. Finally, Croban raised its holdings in shares of Vanguard High Dividend Yield ETF by 51.3% in the third quarter. Croban now owns 25,142 shares of the company’s stock valued at $3,544,000 after acquiring an additional 8,521 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $148.87 on Tuesday. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $149.18. The firm’s 50-day moving average is $144.47 and its two-hundred day moving average is $140.60. The stock has a market cap of $71.55 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

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.