Fortitude Advisory Group L.L.C. Decreases Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Fortitude Advisory Group L.L.C. decreased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 15.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,545 shares of the company’s stock after selling 450 shares during the quarter. Fortitude Advisory Group L.L.C.’s holdings in Vanguard High Dividend Yield ETF were worth $284,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VYM. International Assets Investment Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $254,023,000. Pathstone Family Office LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 1,737.7% in the 3rd quarter. Pathstone Family Office LLC now owns 1,502,345 shares of the company’s stock valued at $155,233,000 after acquiring an additional 1,420,593 shares during the period. BKM Wealth Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $717,000. Arlington Trust Co LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 456.6% during the 4th quarter. Arlington Trust Co LLC now owns 456,274 shares of the company’s stock worth $50,934,000 after purchasing an additional 374,301 shares during the period. Finally, LPL Financial LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 6.1% during the third quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock worth $532,326,000 after buying an additional 298,137 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 0.4 %

Vanguard High Dividend Yield ETF stock traded down $0.48 during trading on Wednesday, reaching $115.99. The stock had a trading volume of 779,913 shares, compared to its average volume of 1,110,629. The business has a 50 day moving average price of $117.52 and a 200 day moving average price of $111.63. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $121.29. The stock has a market cap of $52.52 billion, a PE ratio of 15.82 and a beta of 0.73.

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.