Vanguard High Dividend Yield ETF $VYM Holdings Reduced by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. cut its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 31.8% during the third quarter, HoldingsChannel reports. The firm owned 65,356 shares of the company’s stock after selling 30,544 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 1.3% of Global Wealth Management Investment Advisory Inc.’s holdings, making the stock its 22nd biggest position. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $10,143,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Miller Global Investments LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth $27,000. Highland Investment Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth $32,000. Main Street Group LTD acquired a new position in shares of Vanguard High Dividend Yield ETF during the first quarter worth $43,000. Basecamp Wealth Advisors LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 74.0% during the first quarter. Basecamp Wealth Advisors LLC now owns 348 shares of the company’s stock worth $52,000 after purchasing an additional 148 shares in the last quarter. Finally, Burnham & Co LLC purchased a new position in Vanguard High Dividend Yield ETF in the second quarter valued at $57,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $162.72 on Tuesday. Vanguard High Dividend Yield ETF has a 12 month low of $138.35 and a 12 month high of $167.61. The firm has a market capitalization of $82.78 billion, a PE ratio of 17.79 and a beta of 0.72. The business’s fifty day moving average price is $160.60 and its 200 day moving average price is $157.56.

About Vanguard High Dividend Yield ETF

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.