Kraft Davis & Associates LLC Cuts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Kraft Davis & Associates LLC decreased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 16.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,568 shares of the company’s stock after selling 868 shares during the period. Kraft Davis & Associates LLC’s holdings in Vanguard High Dividend Yield ETF were worth $515,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of VYM. Fairfield Bush & CO. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $84,000. Bank of New York Mellon Corp increased its position in Vanguard High Dividend Yield ETF by 5.9% in the 1st quarter. Bank of New York Mellon Corp now owns 221,009 shares of the company’s stock valued at $24,808,000 after acquiring an additional 12,223 shares during the period. BlackRock Inc. raised its stake in Vanguard High Dividend Yield ETF by 56.8% during the 1st quarter. BlackRock Inc. now owns 1,145 shares of the company’s stock valued at $129,000 after acquiring an additional 415 shares in the last quarter. Cibc World Market Inc. acquired a new position in Vanguard High Dividend Yield ETF during the 1st quarter worth $227,000. Finally, Sei Investments Co. boosted its position in Vanguard High Dividend Yield ETF by 1.5% during the 1st quarter. Sei Investments Co. now owns 123,399 shares of the company’s stock worth $13,847,000 after acquiring an additional 1,853 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock traded up $0.96 on Friday, hitting $115.93. The company had a trading volume of 1,042,991 shares, compared to its average volume of 1,147,445. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $121.29. The company has a market cap of $52.49 billion, a PE ratio of 15.82 and a beta of 0.73. The business has a 50-day simple moving average of $116.97 and a 200-day simple moving average of $110.74.

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.