Collaborative Wealth Managment Inc. Lowers Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Collaborative Wealth Managment Inc. trimmed its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,567 shares of the company’s stock after selling 104 shares during the period. Collaborative Wealth Managment Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,348,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BSW Wealth Partners raised its position in shares of Vanguard High Dividend Yield ETF by 1.9% in the fourth quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock valued at $522,000 after buying an additional 76 shares during the last quarter. BLB&B Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 5.0% in the fourth quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock valued at $210,000 after buying an additional 79 shares during the last quarter. Constant Guidance Financial LLC raised its position in shares of Vanguard High Dividend Yield ETF by 0.7% in the fourth quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock valued at $1,542,000 after buying an additional 81 shares during the last quarter. Bogart Wealth LLC raised its position in shares of Vanguard High Dividend Yield ETF by 1.0% in the fourth quarter. Bogart Wealth LLC now owns 9,140 shares of the company’s stock valued at $1,166,000 after buying an additional 92 shares during the last quarter. Finally, Tower View Wealth Management LLC raised its position in shares of Vanguard High Dividend Yield ETF by 2.2% in the fourth quarter. Tower View Wealth Management LLC now owns 4,200 shares of the company’s stock valued at $536,000 after buying an additional 92 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 1.5 %

Shares of NYSEARCA VYM opened at $128.28 on Friday. The firm has a 50-day simple moving average of $131.42 and a 200-day simple moving average of $130.03. The stock has a market capitalization of $58.98 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 52 week low of $114.37 and a 52 week high of $135.10.

Vanguard High Dividend Yield ETF 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.