Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC decreased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 51,772 shares of the company’s stock after selling 1,558 shares during the quarter. Modera Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $6,637,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VYM. Cetera Investment Advisers boosted its position in Vanguard High Dividend Yield ETF by 579.6% during the first quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock worth $192,241,000 after purchasing an additional 1,355,103 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 6,282.8% during the 2nd quarter. Strategic Financial Concepts LLC now owns 365,925 shares of the company’s stock worth $43,399,000 after buying an additional 360,192 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at approximately $27,104,000. LPL Financial LLC grew its stake in Vanguard High Dividend Yield ETF by 4.6% in the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock valued at $619,528,000 after acquiring an additional 228,580 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its holdings in Vanguard High Dividend Yield ETF by 7.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after acquiring an additional 153,146 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $128.43 on Friday. The stock has a market capitalization of $58.15 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $131.85. The company has a fifty day moving average of $127.30 and a two-hundred day moving average of $122.23.

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.