Paces Ferry Wealth Advisors LLC Decreases Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Paces Ferry Wealth Advisors LLC lessened its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,063 shares of the company’s stock after selling 170 shares during the quarter. Paces Ferry Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $901,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. BSW Wealth Partners grew its holdings in Vanguard High Dividend Yield ETF by 1.9% in the 4th quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock worth $522,000 after acquiring an additional 76 shares during the last quarter. BLB&B Advisors LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 5.0% during the fourth quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock worth $210,000 after purchasing an additional 79 shares during the period. Constant Guidance Financial LLC increased its holdings in Vanguard High Dividend Yield ETF by 0.7% during the 4th quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock valued at $1,542,000 after purchasing an additional 81 shares during the period. Bogart Wealth LLC increased its holdings in Vanguard High Dividend Yield ETF by 1.0% during the 4th quarter. Bogart Wealth LLC now owns 9,140 shares of the company’s stock valued at $1,166,000 after purchasing an additional 92 shares during the period. Finally, Tower View Wealth Management LLC lifted its holdings in Vanguard High Dividend Yield ETF by 2.2% in the 4th quarter. Tower View Wealth Management LLC now owns 4,200 shares of the company’s stock worth $536,000 after buying an additional 92 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $128.40 on Friday. The firm has a market cap of $59.04 billion, a P/E ratio of 18.95 and a beta of 0.83. The business’s 50 day moving average price is $131.61 and its 200-day moving average price is $130.13. Vanguard High Dividend Yield ETF has a fifty-two week low of $114.37 and a fifty-two week high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st will be given a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, March 21st.

Vanguard High Dividend Yield ETF Company Profile

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.