Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Stake Reduced by Mittelman Wealth Management

Mittelman Wealth Management cut its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 86,738 shares of the company’s stock after selling 434 shares during the period. Vanguard High Dividend Yield ETF makes up about 6.7% of Mittelman Wealth Management’s investment portfolio, making the stock its 3rd largest holding. Mittelman Wealth Management’s holdings in Vanguard High Dividend Yield ETF were worth $10,287,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VYM. Cresset Asset Management LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 6.2% during the fourth quarter. Cresset Asset Management LLC now owns 106,796 shares of the company’s stock valued at $11,922,000 after buying an additional 6,242 shares during the last quarter. NBC Securities Inc. boosted its holdings in shares of Vanguard High Dividend Yield ETF by 19.6% during the 1st quarter. NBC Securities Inc. now owns 12,631 shares of the company’s stock valued at $1,528,000 after acquiring an additional 2,074 shares during the last quarter. Diversified Trust Co grew its stake in shares of Vanguard High Dividend Yield ETF by 49.9% in the first quarter. Diversified Trust Co now owns 24,386 shares of the company’s stock worth $2,950,000 after acquiring an additional 8,116 shares during the period. Vanguard Group Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 3,230,426 shares of the company’s stock valued at $360,612,000 after purchasing an additional 9,362 shares during the last quarter. Finally, BNP Paribas Financial Markets bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $1,217,000.

Vanguard High Dividend Yield ETF Trading Down 0.2 %

Shares of VYM stock opened at $126.74 on Thursday. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $128.39. The stock has a market capitalization of $57.39 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm’s 50 day moving average is $123.51 and its 200 day moving average is $120.30.

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.