Davis R M Inc. Sells 437 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Davis R M Inc. decreased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 16.5% during the 1st quarter, Holdings Channel reports. The firm owned 2,210 shares of the company’s stock after selling 437 shares during the quarter. Davis R M Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $267,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Mechanics Bank Trust Department lifted its position in Vanguard High Dividend Yield ETF by 0.4% during the 1st quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock worth $2,987,000 after buying an additional 88 shares in the last quarter. KFA Private Wealth Group LLC lifted its position in Vanguard High Dividend Yield ETF by 4.7% during the 1st quarter. KFA Private Wealth Group LLC now owns 1,966 shares of the company’s stock valued at $238,000 after purchasing an additional 89 shares during the period. ADE LLC lifted its position in Vanguard High Dividend Yield ETF by 1.7% during the 4th quarter. ADE LLC now owns 5,347 shares of the company’s stock valued at $597,000 after purchasing an additional 90 shares during the period. Warner Financial Inc. lifted its position in Vanguard High Dividend Yield ETF by 0.4% during the 1st quarter. Warner Financial Inc. now owns 21,923 shares of the company’s stock valued at $2,652,000 after purchasing an additional 90 shares during the period. Finally, Retirement Planning Co of New England Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 1.2% in the 1st quarter. Retirement Planning Co of New England Inc. now owns 7,767 shares of the company’s stock valued at $940,000 after acquiring an additional 94 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.3 %

Shares of VYM stock traded down $0.38 on Tuesday, reaching $122.55. The company had a trading volume of 573,363 shares, compared to its average volume of 966,788. The stock has a market cap of $55.49 billion, a PE ratio of 15.88 and a beta of 0.70. The company has a 50-day moving average of $119.83 and a 200-day moving average of $117.19. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $125.04.

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.