Telos Capital Management Inc. Sells 3,508 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Telos Capital Management Inc. cut its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,405 shares of the company’s stock after selling 3,508 shares during the period. Telos Capital Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $4,734,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Providence Capital Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth $25,000. Sunbelt Securities Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth $32,000. Halpern Financial Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $34,000. BluePath Capital Management LLC purchased a new position in Vanguard High Dividend Yield ETF during the 3rd quarter worth $39,000. Finally, Fortitude Family Office LLC purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $45,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock traded up $0.09 on Wednesday, hitting $115.00. 754,207 shares of the company’s stock were exchanged, compared to its average volume of 1,146,135. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $121.29. The firm has a 50 day moving average price of $116.83 and a two-hundred day moving average price of $110.58. The stock has a market cap of $52.07 billion, a P/E ratio of 15.82 and a beta of 0.73.

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.