Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Paragon Financial Partners Inc.

Paragon Financial Partners Inc. cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 106,760 shares of the company’s stock after selling 16,574 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 10.3% of Paragon Financial Partners Inc.’s portfolio, making the stock its 2nd biggest position. Paragon Financial Partners Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $13,621,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. FSA Wealth Management LLC acquired a new position in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $39,000. Highline Wealth Partners LLC purchased a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $45,000. GAMMA Investing LLC lifted its stake in Vanguard High Dividend Yield ETF by 352.5% in the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after buying an additional 356 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC purchased a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $64,000.

Vanguard High Dividend Yield ETF Trading Down 0.7 %

Shares of NYSEARCA VYM opened at $132.01 on Thursday. Vanguard High Dividend Yield ETF has a twelve month low of $111.31 and a twelve month high of $135.07. The stock has a 50 day moving average of $130.47 and a two-hundred day moving average of $127.43. The stock has a market cap of $59.77 billion, a P/E 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.