Kraft Davis & Associates LLC Cuts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Kraft Davis & Associates LLC lessened its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 16.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,568 shares of the company’s stock after selling 868 shares during the quarter. Kraft Davis & Associates LLC’s holdings in Vanguard High Dividend Yield ETF were worth $515,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of VYM. Providence Capital Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter valued at $25,000. Sunbelt Securities Inc. bought a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth about $32,000. Halpern Financial Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $34,000. BluePath Capital Management LLC purchased a new position in Vanguard High Dividend Yield ETF during the third quarter valued at approximately $39,000. Finally, Fortitude Family Office LLC purchased a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $45,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM traded up $0.96 on Friday, hitting $115.93. The stock had a trading volume of 1,042,991 shares, compared to its average volume of 1,147,445. The firm has a 50-day moving average of $116.97 and a 200-day moving average of $110.74. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $121.29. The company has a market capitalization of $52.49 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73.

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.