Asset Allocation & Management Company LLC Sells 3,411 Shares of Vanguard High Dividend Yield ETF $VYM

Asset Allocation & Management Company LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 209,334 shares of the company’s stock after selling 3,411 shares during the period. Vanguard High Dividend Yield ETF makes up about 10.2% of Asset Allocation & Management Company LLC’s portfolio, making the stock its 2nd biggest holding. Asset Allocation & Management Company LLC’s holdings in Vanguard High Dividend Yield ETF were worth $32,489,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of VYM. Red Door Wealth Management LLC lifted its position in Vanguard High Dividend Yield ETF by 0.5% during the second quarter. Red Door Wealth Management LLC now owns 12,471 shares of the company’s stock worth $1,971,000 after purchasing an additional 63 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC increased its holdings in Vanguard High Dividend Yield ETF by 0.3% in the 2nd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 22,874 shares of the company’s stock valued at $3,615,000 after buying an additional 63 shares during the period. Cooper Financial Group increased its holdings in Vanguard High Dividend Yield ETF by 2.8% in the 3rd quarter. Cooper Financial Group now owns 2,333 shares of the company’s stock valued at $362,000 after buying an additional 64 shares during the period. Endeavor Private Wealth Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 4.1% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 1,661 shares of the company’s stock valued at $262,000 after buying an additional 65 shares in the last quarter. Finally, Blue Trust Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 2.7% in the 1st quarter. Blue Trust Inc. now owns 2,513 shares of the company’s stock valued at $372,000 after buying an additional 66 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock traded down $0.32 on Tuesday, reaching $158.92. 479,571 shares of the stock were exchanged, compared to its average volume of 1,371,364. The firm’s 50 day moving average is $162.01 and its 200-day moving average is $158.73. Vanguard High Dividend Yield ETF has a one year low of $138.27 and a one year high of $167.61. The firm has a market cap of $80.88 billion, a PE ratio of 17.79 and a beta of 0.73.

Vanguard High Dividend Yield ETF 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.