Empower Advisory Group LLC Lowers Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Empower Advisory Group LLC reduced its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 16.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,669 shares of the company’s stock after selling 948 shares during the period. Empower Advisory Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $599,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VYM. Chris Bulman Inc bought a new position in shares of Vanguard High Dividend Yield ETF in the second quarter worth approximately $26,000. Cultivar Capital Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $36,000. Clean Yield Group bought a new position in Vanguard High Dividend Yield ETF in the 1st quarter valued at approximately $44,000. Highline Wealth Partners LLC purchased a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter valued at $45,000. Finally, Ridgewood Investments LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth $49,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $131.13 on Friday. Vanguard High Dividend Yield ETF has a 1 year low of $104.23 and a 1 year high of $133.45. The company has a market cap of $59.37 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock’s fifty day moving average price is $128.46 and its 200-day moving average price is $123.46.

About Vanguard High Dividend Yield ETF

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.