Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Stake Reduced by Wolff Financial Management LLC

Wolff Financial Management LLC lessened its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 205,663 shares of the company’s stock after selling 2,886 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 7.3% of Wolff Financial Management LLC’s portfolio, making the stock its 6th biggest position. Wolff Financial Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $26,241,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in shares of Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after buying an additional 9,363 shares during the last quarter. World Investment Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 451.3% during the 3rd quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after purchasing an additional 18,778 shares during the period. Semmax Financial Advisors Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 3.2% in the 3rd quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after purchasing an additional 1,171 shares during the period. Silver Lake Advisory LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth about $251,000. Finally, Heritage Wealth Management Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $298,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $133.06 on Friday. Vanguard High Dividend Yield ETF has a one year low of $111.31 and a one year high of $135.07. The company has a 50-day simple moving average of $130.51 and a two-hundred day simple moving average of $127.50. The firm has a market capitalization of $60.25 billion, a PE ratio of 15.88 and a beta of 0.70.

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.