Brighton Jones LLC Decreases Stock Position in Vanguard High Dividend Yield ETF $VYM

Brighton Jones LLC trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 28.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,964 shares of the company’s stock after selling 6,418 shares during the period. Brighton Jones LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,250,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VYM. Wesbanco Bank Inc. boosted its position in Vanguard High Dividend Yield ETF by 205.0% during the 2nd quarter. Wesbanco Bank Inc. now owns 9,912 shares of the company’s stock worth $1,321,000 after acquiring an additional 6,662 shares during the period. Alpha Cubed Investments LLC increased its stake in Vanguard High Dividend Yield ETF by 2.0% during the 2nd quarter. Alpha Cubed Investments LLC now owns 23,246 shares of the company’s stock valued at $3,099,000 after buying an additional 448 shares during the period. American National Bank of Texas bought a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth about $994,000. First Hawaiian Bank lifted its stake in shares of Vanguard High Dividend Yield ETF by 6.9% in the 3rd quarter. First Hawaiian Bank now owns 168,058 shares of the company’s stock worth $23,688,000 after acquiring an additional 10,909 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in Vanguard High Dividend Yield ETF by 59.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 61,233 shares of the company’s stock valued at $8,163,000 after purchasing an additional 22,727 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.6%

Shares of VYM stock opened at $144.25 on Tuesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $147.88. The stock has a 50-day simple moving average of $142.30 and a 200 day simple moving average of $138.57. The stock has a market capitalization of $67.44 billion, a P/E ratio of 17.79 and a beta of 0.79.

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.