Vanguard High Dividend Yield ETF $VYM Shares Sold by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 31.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 65,356 shares of the company’s stock after selling 30,544 shares during the period. Vanguard High Dividend Yield ETF makes up 1.3% of Global Wealth Management Investment Advisory Inc.’s holdings, making the stock its 22nd biggest holding. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $10,143,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VYM. Miller Global Investments LLC acquired a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $27,000. Highland Investment Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the second quarter worth $32,000. Main Street Group LTD acquired a new position in shares of Vanguard High Dividend Yield ETF in the first quarter worth $43,000. Basecamp Wealth Advisors LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 74.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 348 shares of the company’s stock worth $52,000 after acquiring an additional 148 shares in the last quarter. Finally, Burnham & Co LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth $57,000.

Vanguard High Dividend Yield ETF Trading Up 2.3%

Vanguard High Dividend Yield ETF stock opened at $162.72 on Tuesday. The firm has a market capitalization of $82.78 billion, a P/E ratio of 17.79 and a beta of 0.72. Vanguard High Dividend Yield ETF has a twelve month low of $138.35 and a twelve month high of $167.61. The stock’s fifty day simple moving average is $160.60 and its 200-day simple moving average is $157.56.

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.