Vanguard High Dividend Yield ETF $VYM Shares Sold by Ballast Inc.

Ballast Inc. decreased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.4% during the third quarter, Holdings Channel reports. The institutional investor owned 142,053 shares of the company’s stock after selling 8,089 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 4.1% of Ballast Inc.’s investment portfolio, making the stock its 6th biggest position. Ballast Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $22,047,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Focused Alpha LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 1.8% during the 3rd quarter. Focused Alpha LLC now owns 21,635 shares of the company’s stock valued at $3,358,000 after acquiring an additional 377 shares during the last quarter. Ridgecrest Wealth Partners LLC boosted its stake in Vanguard High Dividend Yield ETF by 7.8% during the third quarter. Ridgecrest Wealth Partners LLC now owns 18,474 shares of the company’s stock worth $2,867,000 after buying an additional 1,332 shares during the period. Tanager Wealth Management LLP increased its position in Vanguard High Dividend Yield ETF by 18.1% during the third quarter. Tanager Wealth Management LLP now owns 3,406 shares of the company’s stock valued at $529,000 after acquiring an additional 522 shares during the last quarter. AA Financial Advisors LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 5.4% in the third quarter. AA Financial Advisors LLC now owns 64,803 shares of the company’s stock valued at $10,057,000 after acquiring an additional 3,307 shares during the period. Finally, Richards Merrill & Peterson Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 6.1% during the 3rd quarter. Richards Merrill & Peterson Inc. now owns 7,142 shares of the company’s stock worth $1,108,000 after purchasing an additional 410 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM traded up $1.37 on Tuesday, hitting $160.82. 589,455 shares of the company’s stock were exchanged, compared to its average volume of 1,364,967. The business’s 50 day simple moving average is $161.43 and its two-hundred day simple moving average is $159.18. The stock has a market capitalization of $81.85 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12 month low of $138.35 and a 12 month high of $167.61.

Vanguard High Dividend Yield ETF Profile

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.