Chaney Capital Management Inc. Sells 557 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Chaney Capital Management Inc. trimmed its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.1% in the fourth quarter, Holdings Channel reports. The firm owned 48,961 shares of the company’s stock after selling 557 shares during the quarter. Vanguard High Dividend Yield ETF comprises approximately 3.0% of Chaney Capital Management Inc.’s investment portfolio, making the stock its 11th biggest position. Chaney Capital Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $6,247,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of VYM. BSW Wealth Partners boosted its stake in shares of Vanguard High Dividend Yield ETF by 1.9% during 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 period. FSA Advisors Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 3.6% during the 3rd quarter. FSA Advisors Inc. now owns 2,281 shares of the company’s stock worth $281,000 after acquiring an additional 79 shares during the period. BLB&B Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 5.0% during the 4th 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 last quarter. UMB Bank n.a. lifted its holdings in Vanguard High Dividend Yield ETF by 0.8% during the 3rd quarter. UMB Bank n.a. now owns 10,323 shares of the company’s stock worth $1,323,000 after purchasing an additional 80 shares during the last quarter. Finally, Elevated Capital Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 4.6% during the 3rd quarter. Elevated Capital Advisors LLC now owns 1,833 shares of the company’s stock worth $235,000 after purchasing an additional 80 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.7 %

NYSEARCA:VYM opened at $132.32 on Friday. The stock has a market cap of $59.91 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock has a 50 day simple moving average of $130.43 and a 200 day simple moving average of $128.33. Vanguard High Dividend Yield ETF has a 1-year low of $111.31 and a 1-year 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.