Avantax Planning Partners Inc. Sells 28,007 Shares of Vanguard High Dividend Yield ETF $VYM

Avantax Planning Partners Inc. reduced its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 48.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 30,193 shares of the company’s stock after selling 28,007 shares during the period. Avantax Planning Partners Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $4,686,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Red Door Wealth Management LLC raised its position in shares of Vanguard High Dividend Yield ETF by 0.5% during the 2nd quarter. Red Door Wealth Management LLC now owns 12,471 shares of the company’s stock valued at $1,971,000 after buying an additional 63 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% in the 2nd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 22,874 shares of the company’s stock valued at $3,615,000 after acquiring an additional 63 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. Mather Group LLC. now owns 15,042 shares of the company’s stock valued at $2,335,000 after acquiring an additional 63 shares during the last quarter. Cooper Financial Group lifted its holdings in shares of Vanguard High Dividend Yield ETF by 2.8% in the 3rd quarter. Cooper Financial Group now owns 2,333 shares of the company’s stock valued at $362,000 after acquiring an additional 64 shares during the last quarter. Finally, Endeavor Private Wealth Inc. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 4.1% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 1,661 shares of the company’s stock valued at $262,000 after acquiring an additional 65 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.5%

VYM opened at $159.08 on Friday. The firm has a market cap of $80.93 billion, a P/E ratio of 17.79 and a beta of 0.72. Vanguard High Dividend Yield ETF has a 12 month low of $138.35 and a 12 month high of $167.61. The stock has a 50-day moving average of $160.63 and a 200 day moving average of $157.49.

Vanguard High Dividend Yield ETF Company Profile

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.