Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co lowered its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,887 shares of the company’s stock after selling 250 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in Vanguard High Dividend Yield ETF were worth $498,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VYM. FSA Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at about $26,000. Chris Bulman Inc acquired a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at about $26,000. Cultivar Capital Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter valued at approximately $36,000. Highline Wealth Partners LLC acquired a new position in Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $45,000. Finally, Ridgewood Investments LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $49,000.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $131.84 on Friday. The stock’s 50 day moving average price is $131.07 and its 200 day moving average price is $125.47. Vanguard High Dividend Yield ETF has a 1-year low of $109.47 and a 1-year high of $135.07. The company has a market cap of $59.70 billion, a PE ratio of 15.88 and a beta of 0.70.

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.