Wellington Management Group LLP Cuts Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wellington Management Group LLP lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 37.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,395 shares of the company’s stock after selling 77,071 shares during the quarter. Wellington Management Group LLP’s holdings in Vanguard High Dividend Yield ETF were worth $14,668,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blackston Financial Advisory Group LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $6,776,000. BKM Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $717,000. Highland Financial Advisors LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 10.6% in the 4th quarter. Highland Financial Advisors LLC now owns 252,206 shares of the company’s stock worth $28,154,000 after purchasing an additional 24,094 shares during the period. Cresset Asset Management LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 6.2% in the fourth quarter. Cresset Asset Management LLC now owns 106,796 shares of the company’s stock worth $11,922,000 after buying an additional 6,242 shares during the last quarter. Finally, Davidson Trust Co. grew its position in Vanguard High Dividend Yield ETF by 42.3% during 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.

Vanguard High Dividend Yield ETF Trading Down 0.4 %

VYM opened at $118.31 on Thursday. The firm’s 50 day simple moving average is $118.70 and its two-hundred day simple moving average is $115.94. The company has a market capitalization of $53.57 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $121.64.

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.