Smith Moore & CO. Has $969,000 Stock Position in Vanguard High Dividend Yield ETF $VYM

Smith Moore & CO. lessened its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 22.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,268 shares of the company’s stock after selling 2,103 shares during the period. Smith Moore & CO.’s holdings in Vanguard High Dividend Yield ETF were worth $969,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Wesbanco Bank Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 205.0% during the 2nd quarter. Wesbanco Bank Inc. now owns 9,912 shares of the company’s stock worth $1,321,000 after purchasing an additional 6,662 shares in the last quarter. Alpha Cubed Investments LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 2.0% in the second quarter. Alpha Cubed Investments LLC now owns 23,246 shares of the company’s stock valued at $3,099,000 after buying an additional 448 shares during the period. Richards Merrill & Peterson Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 8.9% in the second quarter. Richards Merrill & Peterson Inc. now owns 6,552 shares of the company’s stock valued at $873,000 after buying an additional 534 shares during the period. LJI Wealth Management LLC grew its position in Vanguard High Dividend Yield ETF by 1.6% during the second quarter. LJI Wealth Management LLC now owns 10,199 shares of the company’s stock worth $1,360,000 after buying an additional 163 shares in the last quarter. Finally, Sovereign Financial Group Inc. increased its stake in Vanguard High Dividend Yield ETF by 4.4% during the 2nd quarter. Sovereign Financial Group Inc. now owns 41,610 shares of the company’s stock worth $5,547,000 after acquiring an additional 1,762 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $143.99 on Tuesday. The stock has a market capitalization of $67.32 billion, a PE ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $145.44. The business has a fifty day moving average price of $140.96 and a two-hundred day moving average price of $136.87.

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.