HB Wealth Management LLC Sells 7,039 Shares of Vanguard High Dividend Yield ETF $VYM

HB Wealth Management LLC reduced its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,951 shares of the company’s stock after selling 7,039 shares during the period. HB Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $13,026,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VYM. PayPay Securities Corp raised its stake in Vanguard High Dividend Yield ETF by 75.8% during the first quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $25,000. Dorato Capital Management purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $30,000. LRI Investments LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 400.0% in the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after buying an additional 200 shares during the last quarter. Finally, Resources Management Corp CT ADV bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth about $40,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $159.48 on Friday. Vanguard High Dividend Yield ETF has a 12 month low of $132.01 and a 12 month high of $161.46. The company has a 50-day moving average price of $157.78 and a 200 day moving average price of $152.57. The company has a market cap of $78.94 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

Vanguard High Dividend Yield ETF Profile

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.