Vanguard High Dividend Yield ETF $VYM Shares Sold by Steele Capital Management Inc.

Steele Capital Management Inc. reduced its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 147,217 shares of the company’s stock after selling 4,988 shares during the quarter. Vanguard High Dividend Yield ETF makes up 0.8% of Steele Capital Management Inc.’s portfolio, making the stock its 25th biggest holding. Steele Capital Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $22,848,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VYM. Miller Global Investments LLC acquired a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $27,000. Highland Investment Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at approximately $32,000. Main Street Group LTD acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $43,000. Basecamp Wealth Advisors LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 74.0% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 348 shares of the company’s stock worth $52,000 after buying an additional 148 shares during the last quarter. Finally, Burnham & Co LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $57,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $159.80 on Friday. The firm has a market cap of $81.33 billion, a PE ratio of 17.79 and a beta of 0.72. The firm’s 50 day moving average price is $160.73 and its 200-day moving average price is $157.43. Vanguard High Dividend Yield ETF has a one year low of $138.35 and a one year high of $167.61.

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.