Snider Financial Group Lowers Holdings in Vanguard High Dividend Yield ETF $VYM

Snider Financial Group trimmed its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 43.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,116 shares of the company’s stock after selling 6,155 shares during the period. Snider Financial Group’s holdings in Vanguard High Dividend Yield ETF were worth $1,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VYM. Gallagher Fiduciary Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 12,273.0% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock valued at $1,064,039,000 after acquiring an additional 7,917,178 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at $316,679,000. Rakuten Investment Management Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at $199,321,000. Cornerstone Planning Group LLC lifted its holdings in Vanguard High Dividend Yield ETF by 57,021.7% in the third quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock valued at $74,233,000 after acquiring an additional 525,740 shares during the period. Finally, Wellington Management Group LLP lifted its holdings in Vanguard High Dividend Yield ETF by 493.0% in the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock valued at $84,110,000 after acquiring an additional 496,110 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $149.09 on Wednesday. Vanguard High Dividend Yield ETF has a one year low of $112.94 and a one year high of $157.29. The business has a fifty day moving average of $151.28 and a two-hundred day moving average of $146.03. The company has a market cap of $72.49 billion, a P/E ratio of 17.79 and a beta of 0.77.

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.