Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Stock Position Decreased by Arrowroot Family Office LLC

Arrowroot Family Office LLC lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.8% during the third quarter, HoldingsChannel.com reports. The fund owned 15,789 shares of the company’s stock after selling 2,122 shares during the period. Vanguard High Dividend Yield ETF accounts for about 1.2% of Arrowroot Family Office LLC’s portfolio, making the stock its 22nd biggest position. Arrowroot Family Office LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,024,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VYM. Chris Bulman Inc bought a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $26,000. FSA Wealth Management LLC bought a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at $26,000. Cultivar Capital Inc. bought a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at $36,000. Highline Wealth Partners LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at $45,000. Finally, Ridgewood Investments LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth about $49,000.

Vanguard High Dividend Yield ETF Stock Up 0.3 %

Shares of NYSEARCA:VYM opened at $134.74 on Monday. The company’s 50-day moving average price is $130.17 and its 200 day moving average price is $124.70. The company has a market cap of $61.01 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 $105.92 and a fifty-two week high of $135.07.

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.