Asset Allocation & Management Company LLC Has $13.20 Million Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Asset Allocation & Management Company LLC cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,990 shares of the company’s stock after selling 13,039 shares during the quarter. Vanguard High Dividend Yield ETF makes up 8.3% of Asset Allocation & Management Company LLC’s portfolio, making the stock its 3rd largest holding. Asset Allocation & Management Company LLC’s holdings in Vanguard High Dividend Yield ETF were worth $13,203,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Independence Bank of Kentucky boosted its position in shares of Vanguard High Dividend Yield ETF by 0.9% during the third quarter. Independence Bank of Kentucky now owns 8,932 shares of the company’s stock worth $1,145,000 after buying an additional 80 shares during the period. UMB Bank n.a. boosted its position in shares of Vanguard High Dividend Yield ETF by 0.8% during the third quarter. UMB Bank n.a. now owns 10,323 shares of the company’s stock worth $1,323,000 after buying an additional 80 shares during the period. Elevated Capital Advisors LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 4.6% during the third quarter. Elevated Capital Advisors LLC now owns 1,833 shares of the company’s stock worth $235,000 after buying an additional 80 shares during the period. FSB Premier Wealth Management Inc. boosted its position in shares of Vanguard High Dividend Yield ETF by 3.8% during the second quarter. FSB Premier Wealth Management Inc. now owns 2,282 shares of the company’s stock worth $271,000 after buying an additional 83 shares during the period. Finally, Sandbox Financial Partners LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 2.0% during the third quarter. Sandbox Financial Partners LLC now owns 4,317 shares of the company’s stock worth $553,000 after buying an additional 84 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM traded down $0.24 during midday trading on Wednesday, hitting $129.93. 85,798 shares of the company’s stock were exchanged, compared to its average volume of 905,060. The firm has a market cap of $58.83 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $131.85. The stock’s 50 day moving average price is $126.92 and its 200-day moving average price is $122.05.

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.