Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Holdings Lowered by Summit Wealth Partners LLC

Summit Wealth Partners LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,442 shares of the company’s stock after selling 5,017 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 2.1% of Summit Wealth Partners LLC’s investment portfolio, making the stock its 12th biggest position. Summit Wealth Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,896,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Chris Bulman Inc acquired a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at $26,000. Central Pacific Bank Trust Division acquired a new position in Vanguard High Dividend Yield ETF in the first quarter worth approximately $27,000. Cultivar Capital Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the second quarter valued at $36,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter valued at $44,000. Finally, Clean Yield Group bought a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth $44,000.

Vanguard High Dividend Yield ETF Stock Down 0.2 %

Shares of NYSEARCA VYM opened at $127.92 on Wednesday. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $128.44. The stock has a market capitalization of $57.92 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock’s fifty day simple moving average is $124.41 and its 200 day simple moving average is $120.97.

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.