Summit Wealth Partners LLC Sells 5,169 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Summit Wealth Partners LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,495 shares of the company’s stock after selling 5,169 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 2.0% of Summit Wealth Partners LLC’s holdings, making the stock its 12th largest position. Summit Wealth Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,888,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. FSA Wealth Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter worth $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $39,000. Highline Wealth Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter worth $45,000. Heck Capital Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $45,000. Finally, GAMMA Investing LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 352.5% in the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock worth $59,000 after buying an additional 356 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.9 %

Shares of Vanguard High Dividend Yield ETF stock opened at $133.32 on Thursday. The firm has a fifty day simple moving average of $130.52 and a 200-day simple moving average of $128.19. Vanguard High Dividend Yield ETF has a 1-year low of $111.31 and a 1-year high of $135.07. The stock has a market capitalization of $60.37 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.