Birchcreek Wealth Management LLC Sells 1,048 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Birchcreek Wealth Management LLC lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 10,146 shares of the company’s stock after selling 1,048 shares during the period. Vanguard High Dividend Yield ETF comprises about 0.9% of Birchcreek Wealth Management LLC’s investment portfolio, making the stock its 27th biggest position. Birchcreek Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,301,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Chris Bulman Inc bought a new position in Vanguard High Dividend Yield ETF in the second quarter valued at $26,000. Cultivar Capital Inc. bought a new position in Vanguard High Dividend Yield ETF in the second quarter valued at $36,000. Highline Wealth Partners LLC bought a new position in Vanguard High Dividend Yield ETF in the third quarter valued at $45,000. Clean Yield Group bought a new position in Vanguard High Dividend Yield ETF in the first quarter valued at $44,000. Finally, Ridgewood Investments LLC bought a new position in Vanguard High Dividend Yield ETF in the second quarter valued at $49,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM traded up $0.04 during trading on Friday, reaching $131.17. The stock had a trading volume of 69,182 shares, compared to its average volume of 899,544. The stock has a market cap of $59.39 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a one year low of $104.23 and a one year high of $133.45. The business has a 50-day moving average of $128.46 and a 200-day moving average of $123.46.

About Vanguard High Dividend Yield ETF

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.