Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Hanover Advisors Inc.

Hanover Advisors Inc. lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 32,474 shares of the company’s stock after selling 1,124 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 1.7% of Hanover Advisors Inc.’s portfolio, making the stock its 9th biggest holding. Hanover Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $4,143,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. FSA Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at $26,000. Valley Wealth Managers Inc. lifted its stake in Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after acquiring an additional 192 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at $39,000. Wingate Wealth Advisors Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at $39,000. Finally, Heck Capital Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at $45,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $134.05 on Friday. The firm has a 50-day moving average of $131.19 and a 200-day moving average of $129.62. The stock has a market cap of $61.51 billion, a PE ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10.

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.