Slagle Financial LLC Sells 185 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Slagle Financial LLC reduced its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,035 shares of the company’s stock after selling 185 shares during the quarter. Slagle Financial LLC’s holdings in Vanguard High Dividend Yield ETF were worth $387,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Orion Portfolio Solutions LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 27.9% in the 4th quarter. Orion Portfolio Solutions LLC now owns 36,318 shares of the company’s stock valued at $4,634,000 after purchasing an additional 7,929 shares during the period. Tepp RIA LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at $14,344,000. Covington Investment Advisors Inc. grew its position in Vanguard High Dividend Yield ETF by 3.2% in the fourth quarter. Covington Investment Advisors Inc. now owns 38,350 shares of the company’s stock valued at $4,886,000 after acquiring an additional 1,179 shares during the period. Hippocratic Financial Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $16,193,000. Finally, Blair William & Co. IL lifted its holdings in shares of Vanguard High Dividend Yield ETF by 2.7% during the fourth quarter. Blair William & Co. IL now owns 147,155 shares of the company’s stock valued at $18,775,000 after acquiring an additional 3,899 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $128.87 on Friday. The firm has a market cap of $59.25 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. The firm’s 50-day simple moving average is $131.63 and its 200-day simple moving average is $130.22. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were given a dividend of $0.85 per share. The ex-dividend date was Friday, March 21st.

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.