Hollencrest Capital Management Trims Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Hollencrest Capital Management trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,561 shares of the company’s stock after selling 149 shares during the period. Hollencrest Capital Management’s holdings in Vanguard High Dividend Yield ETF were worth $272,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. PayPay Securities Corp grew its stake in Vanguard High Dividend Yield ETF by 455.6% during the second quarter. PayPay Securities Corp now owns 300 shares of the company’s stock valued at $32,000 after acquiring an additional 246 shares in the last quarter. Sunbelt Securities Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the first quarter valued at about $32,000. Byrne Asset Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 69.2% in the second quarter. Byrne Asset Management LLC now owns 362 shares of the company’s stock worth $38,000 after purchasing an additional 148 shares during the last quarter. Coppell Advisory Solutions Corp. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $59,000. Finally, Godsey & Gibb Inc. boosted its stake in Vanguard High Dividend Yield ETF by 92.1% during the second quarter. Godsey & Gibb Inc. now owns 582 shares of the company’s stock valued at $62,000 after buying an additional 279 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $105.27 on Friday. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $113.78. The firm has a market cap of $48.36 billion, a PE ratio of 13.80 and a beta of 0.84. The firm has a fifty day moving average price of $103.31 and a 200 day moving average price of $105.09.

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.