TRUE Private Wealth Advisors Lowers Stake in Vanguard High Dividend Yield ETF $VYM

TRUE Private Wealth Advisors decreased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 19,359 shares of the company’s stock after selling 400 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Vanguard High Dividend Yield ETF were worth $2,581,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of VYM. Kingstone Capital Partners Texas LLC acquired a new position in Vanguard High Dividend Yield ETF in the 2nd quarter valued at $366,524,000. SCS Capital Management LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter worth $198,685,000. Auto Owners Insurance Co grew its position in shares of Vanguard High Dividend Yield ETF by 125.2% in the second quarter. Auto Owners Insurance Co now owns 724,200 shares of the company’s stock valued at $96,543,000 after purchasing an additional 402,667 shares during the period. Ameriprise Financial Inc. increased its stake in Vanguard High Dividend Yield ETF by 10.8% in the first quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock valued at $492,413,000 after purchasing an additional 372,066 shares during the last quarter. Finally, Quaker Wealth Management LLC increased its stake in Vanguard High Dividend Yield ETF by 258.8% in the second quarter. Quaker Wealth Management LLC now owns 167,307 shares of the company’s stock valued at $22,304,000 after purchasing an additional 272,656 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.1%

Shares of NYSEARCA:VYM opened at $139.33 on Wednesday. The firm has a market cap of $65.14 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The stock’s 50-day moving average price is $140.73 and its two-hundred day moving average price is $135.89. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $143.30.

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.