Benchmark Wealth Management LLC Has $17.31 Million Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Benchmark Wealth Management LLC decreased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 135,692 shares of the company’s stock after selling 1,194 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 8.5% of Benchmark Wealth Management LLC’s holdings, making the stock its 5th biggest position. Benchmark Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $17,313,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VYM. Mesirow Financial Investment Management Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after acquiring an additional 552,003 shares during the last quarter. Accredited Investors Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 18,516.9% during the third quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock valued at $51,242,000 after purchasing an additional 397,558 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF during the second quarter worth about $27,104,000. LPL Financial LLC grew its position in Vanguard High Dividend Yield ETF by 4.6% in the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after purchasing an additional 228,580 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC increased its stake in Vanguard High Dividend Yield ETF by 4,879.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock valued at $22,101,000 after buying an additional 171,029 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM traded down $0.54 during midday trading on Tuesday, reaching $127.56. The company’s stock had a trading volume of 1,040,502 shares, compared to its average volume of 1,364,191. The stock has a market capitalization of $57.76 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm has a 50 day moving average price of $130.62 and a 200-day moving average price of $126.62. Vanguard High Dividend Yield ETF has a 12-month low of $109.47 and a 12-month high of $135.07.

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.