Wealth Management Partners LLC Sells 3,378 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wealth Management Partners LLC decreased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 8.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,781 shares of the company’s stock after selling 3,378 shares during the period. Vanguard High Dividend Yield ETF accounts for 2.1% of Wealth Management Partners LLC’s holdings, making the stock its 11th biggest position. Wealth Management Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $4,208,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Providence Capital Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF during the 3rd quarter worth $25,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $25,000. Sachetta LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $26,000. JNBA Financial Advisors purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $33,000. Finally, First United Bank & Trust acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $33,000.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock traded down $0.61 during mid-day trading on Tuesday, reaching $119.12. 587,605 shares of the company traded hands, compared to its average volume of 990,996. The firm’s fifty day moving average is $118.62 and its two-hundred day moving average is $115.86. The company has a market capitalization of $53.94 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $121.64.

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.