Chaney Capital Management Inc. Sells 557 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Chaney Capital Management Inc. reduced its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,961 shares of the company’s stock after selling 557 shares during the period. Vanguard High Dividend Yield ETF makes up about 3.0% of Chaney Capital Management Inc.’s investment portfolio, making the stock its 11th largest position. Chaney Capital Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $6,247,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. FSA Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $39,000. Heck Capital Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $45,000. Highline Wealth Partners LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $45,000. Finally, GAMMA Investing LLC increased its position in shares of Vanguard High Dividend Yield ETF by 352.5% during the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after purchasing an additional 356 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.7 %

VYM opened at $132.32 on Friday. The stock has a market cap of $59.91 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1 year low of $111.31 and a 1 year high of $135.07. The stock’s 50 day simple moving average is $130.43 and its 200-day simple moving average is $128.33.

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.