Abbrea Capital LLC Cuts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Abbrea Capital LLC lowered its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,608 shares of the company’s stock after selling 1,345 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 1.3% of Abbrea Capital LLC’s investment portfolio, making the stock its 21st biggest position. Abbrea Capital LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,887,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blackston Financial Advisory Group LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $6,776,000. BKM Wealth Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $717,000. Highland Financial Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 10.6% in the fourth quarter. Highland Financial Advisors LLC now owns 252,206 shares of the company’s stock worth $28,154,000 after acquiring an additional 24,094 shares during the period. Davidson Trust Co. raised its position in shares of Vanguard High Dividend Yield ETF by 42.3% in the fourth quarter. Davidson Trust Co. now owns 26,472 shares of the company’s stock worth $2,955,000 after acquiring an additional 7,867 shares during the period. Finally, Stillwater Capital Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 0.7% in the fourth quarter. Stillwater Capital Advisors LLC now owns 58,093 shares of the company’s stock worth $6,485,000 after acquiring an additional 416 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.2 %

Shares of Vanguard High Dividend Yield ETF stock traded down $0.23 during trading hours on Friday, reaching $117.37. The stock had a trading volume of 552,719 shares, compared to its average volume of 1,123,235. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $121.29. The stock’s 50 day moving average is $117.32 and its 200 day moving average is $111.19. The firm has a market capitalization of $53.14 billion, a PE ratio of 15.82 and a beta of 0.73.

Vanguard High Dividend Yield ETF Company 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.