HB Wealth Management LLC Sells 7,039 Shares of Vanguard High Dividend Yield ETF $VYM

HB Wealth Management LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 87,951 shares of the company’s stock after selling 7,039 shares during the quarter. HB Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $13,026,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Moran Wealth Management LLC increased its stake in Vanguard High Dividend Yield ETF by 9.5% in the first quarter. Moran Wealth Management LLC now owns 8,551 shares of the company’s stock worth $1,266,000 after purchasing an additional 740 shares during the period. Leelyn Smith LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 2.8% during the first quarter. Leelyn Smith LLC now owns 64,699 shares of the company’s stock valued at $9,582,000 after purchasing an additional 1,744 shares during the period. Baer Investment Advisory LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter valued at $4,141,000. Lodestar Private Asset Management LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 0.6% during the first quarter. Lodestar Private Asset Management LLC now owns 17,763 shares of the company’s stock valued at $2,631,000 after purchasing an additional 103 shares during the period. Finally, Private Advisor Group LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 1.5% in the first quarter. Private Advisor Group LLC now owns 382,664 shares of the company’s stock worth $56,673,000 after purchasing an additional 5,780 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $159.48 on Friday. The company has a market capitalization of $78.94 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12 month low of $132.01 and a 12 month high of $161.46. The firm’s 50-day moving average is $157.78 and its 200 day moving average is $152.57.

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.