Beaumont Financial Advisors LLC Reduces Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Beaumont Financial Advisors LLC cut its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.2% during the fourth quarter, HoldingsChannel reports. The firm owned 8,314 shares of the company’s stock after selling 279 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $928,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Providence Capital Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $25,000. Sunbelt Securities Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at approximately $32,000. Halpern Financial Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $34,000. BluePath Capital Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at $39,000. Finally, Fortitude Family Office LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $45,000.

Vanguard High Dividend Yield ETF Trading Up 0.8 %

Shares of Vanguard High Dividend Yield ETF stock opened at $115.93 on Friday. The company has a fifty day simple moving average of $116.97 and a 200-day simple moving average of $110.74. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $121.29. The stock has a market cap of $52.49 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73.

Vanguard High Dividend Yield ETF Company Profile

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.