Ballast Inc. Sells 8,089 Shares of Vanguard High Dividend Yield ETF $VYM

Ballast Inc. lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 142,053 shares of the company’s stock after selling 8,089 shares during the period. Vanguard High Dividend Yield ETF makes up 4.1% of Ballast Inc.’s investment portfolio, making the stock its 6th largest position. Ballast Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $22,047,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VYM. Focused Alpha LLC lifted its stake in Vanguard High Dividend Yield ETF by 1.8% during the third quarter. Focused Alpha LLC now owns 21,635 shares of the company’s stock worth $3,358,000 after purchasing an additional 377 shares during the last quarter. Ridgecrest Wealth Partners LLC raised its position in Vanguard High Dividend Yield ETF by 7.8% in the 3rd quarter. Ridgecrest Wealth Partners LLC now owns 18,474 shares of the company’s stock worth $2,867,000 after purchasing an additional 1,332 shares during the period. Tanager Wealth Management LLP boosted its position in Vanguard High Dividend Yield ETF by 18.1% during the third quarter. Tanager Wealth Management LLP now owns 3,406 shares of the company’s stock valued at $529,000 after buying an additional 522 shares during the period. AA Financial Advisors LLC increased its stake in Vanguard High Dividend Yield ETF by 5.4% in the 3rd quarter. AA Financial Advisors LLC now owns 64,803 shares of the company’s stock worth $10,057,000 after purchasing an additional 3,307 shares during the period. Finally, Richards Merrill & Peterson Inc. grew its holdings in Vanguard High Dividend Yield ETF by 6.1% in the 3rd quarter. Richards Merrill & Peterson Inc. now owns 7,142 shares of the company’s stock worth $1,108,000 after acquiring an additional 410 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.9%

Shares of NYSEARCA:VYM traded up $1.37 on Tuesday, hitting $160.82. The company had a trading volume of 589,455 shares, compared to its average volume of 1,364,967. Vanguard High Dividend Yield ETF has a 1 year low of $138.35 and a 1 year high of $167.61. The firm has a market capitalization of $81.85 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The firm’s 50-day simple moving average is $161.43 and its two-hundred day simple moving average is $159.18.

About Vanguard High Dividend Yield ETF

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.