Anchor Investment Management LLC Lowers Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Anchor Investment Management LLC reduced its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 10,776 shares of the company’s stock after selling 622 shares during the period. Anchor Investment Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,381,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of VYM. Tudor Financial Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at about $442,000. Westside Investment Management Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 6.2% during the third quarter. Westside Investment Management Inc. now owns 137,257 shares of the company’s stock worth $17,536,000 after acquiring an additional 7,998 shares during the period. Soltis Investment Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the third quarter worth about $208,000. Rehmann Capital Advisory Group increased its stake in shares of Vanguard High Dividend Yield ETF by 9.0% during the third quarter. Rehmann Capital Advisory Group now owns 13,665 shares of the company’s stock worth $1,752,000 after acquiring an additional 1,125 shares during the period. Finally, Mittelman Wealth Management increased its stake in shares of Vanguard High Dividend Yield ETF by 162.1% during the third quarter. Mittelman Wealth Management now owns 227,342 shares of the company’s stock worth $29,145,000 after acquiring an additional 140,604 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 0.4 %

Shares of Vanguard High Dividend Yield ETF stock opened at $130.65 on Friday. Vanguard High Dividend Yield ETF has a 52-week low of $108.40 and a 52-week high of $135.07. The company’s 50-day simple moving average is $130.95 and its 200-day simple moving average is $125.34. The firm has a market cap of $59.16 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.