Independent Advisor Alliance Sells 3,630 Shares of Vanguard High Dividend Yield ETF $VYM

Independent Advisor Alliance lowered its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 12.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,290 shares of the company’s stock after selling 3,630 shares during the quarter. Independent Advisor Alliance’s holdings in Vanguard High Dividend Yield ETF were worth $3,630,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Cascade Wealth Advisors Inc raised its stake in shares of Vanguard High Dividend Yield ETF by 19.8% in the fourth quarter. Cascade Wealth Advisors Inc now owns 3,632 shares of the company’s stock worth $540,000 after buying an additional 600 shares during the period. Rockbridge Investment Management LCC raised its stake in shares of Vanguard High Dividend Yield ETF by 5.0% in the fourth quarter. Rockbridge Investment Management LCC now owns 6,077 shares of the company’s stock worth $872,000 after buying an additional 290 shares during the period. World Investment Advisors lifted its holdings in Vanguard High Dividend Yield ETF by 39.1% during the fourth quarter. World Investment Advisors now owns 84,572 shares of the company’s stock valued at $12,138,000 after purchasing an additional 23,767 shares in the last quarter. Rollins Financial Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 23.7% during the fourth quarter. Rollins Financial Advisors LLC now owns 99,928 shares of the company’s stock valued at $14,342,000 after purchasing an additional 19,131 shares in the last quarter. Finally, Western Pacific Wealth Management LP lifted its holdings in Vanguard High Dividend Yield ETF by 18.7% during the fourth quarter. Western Pacific Wealth Management LP now owns 73,910 shares of the company’s stock valued at $10,607,000 after purchasing an additional 11,656 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $155.64 on Thursday. Vanguard High Dividend Yield ETF has a 1-year low of $126.00 and a 1-year high of $157.48. The company has a market capitalization of $76.34 billion, a P/E ratio of 17.79 and a beta of 0.73. The firm’s 50 day simple moving average is $151.62 and its two-hundred day simple moving average is $148.42.

Vanguard High Dividend Yield ETF 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.