Signature Estate & Investment Advisors LLC Trims Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Signature Estate & Investment Advisors LLC lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.2% in the third quarter, HoldingsChannel reports. The firm owned 22,047 shares of the company’s stock after selling 719 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,826,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VYM. Chris Bulman Inc acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $26,000. Cultivar Capital Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $36,000. Clean Yield Group purchased a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth $44,000. Highline Wealth Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth about $45,000. Finally, Ridgewood Investments LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $49,000.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $131.13 on Friday. The company has a market capitalization of $59.37 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The company’s 50 day simple moving average is $128.46 and its 200-day simple moving average is $123.46. Vanguard High Dividend Yield ETF has a 1 year low of $104.23 and a 1 year high of $133.45.

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.