Forum Private Client Group LLC Trims Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Forum Private Client Group LLC lowered its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 164,685 shares of the company’s stock after selling 578 shares during the quarter. Vanguard High Dividend Yield ETF accounts for about 9.3% of Forum Private Client Group LLC’s portfolio, making the stock its 2nd largest position. Forum Private Client Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $19,532,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VYM. Chris Bulman Inc purchased a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter valued at $26,000. Central Pacific Bank Trust Division purchased a new stake in shares of Vanguard High Dividend Yield ETF in the first quarter valued at $27,000. Cultivar Capital Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at $36,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth about $44,000. Finally, Clean Yield Group purchased a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth about $44,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $127.00 on Friday. The firm has a market capitalization of $57.50 billion, a PE ratio of 15.88 and a beta of 0.70. The business has a 50 day simple moving average of $123.76 and a two-hundred day simple moving average of $120.42. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $128.43.

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.