Wealthspire Advisors LLC Cuts Stock Holdings in Vanguard High Dividend Yield ETF $VYM

Wealthspire Advisors LLC trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 52.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 132,086 shares of the company’s stock after selling 147,336 shares during the quarter. Wealthspire Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $18,957,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Lloyd Advisory Services LLC. purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $25,000. Dorato Capital Management bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $30,000. LRI Investments LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 400.0% in the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after buying an additional 200 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth about $40,000. Finally, DecisionPoint Financial LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth about $44,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $160.33 on Friday. The company’s 50-day moving average is $155.81 and its 200 day moving average is $151.10. The company has a market capitalization of $78.64 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a fifty-two week low of $129.11 and a fifty-two week high of $161.29.

Vanguard High Dividend Yield ETF Company Profile

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.