Boston Mountain Money Management Inc. Sells 345 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Boston Mountain Money Management Inc. trimmed its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 6,388 shares of the company’s stock after selling 345 shares during the quarter. Vanguard High Dividend Yield ETF comprises 0.5% of Boston Mountain Money Management Inc.’s holdings, making the stock its 24th biggest position. Boston Mountain Money Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $819,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VYM. Chris Bulman Inc bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $26,000. Central Pacific Bank Trust Division bought a new position in shares of Vanguard High Dividend Yield ETF during the first quarter valued at $27,000. Cultivar Capital Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the second quarter valued at $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter valued at $44,000. Finally, Clean Yield Group bought a new stake in Vanguard High Dividend Yield ETF in the 1st quarter worth about $44,000.

Vanguard High Dividend Yield ETF Stock Up 0.2 %

Shares of NYSEARCA VYM traded up $0.24 during trading on Monday, reaching $130.35. 155,860 shares of the company traded hands, compared to its average volume of 911,728. The stock has a market capitalization of $59.02 billion, a PE ratio of 15.88 and a beta of 0.70. The firm has a 50 day simple moving average of $125.34 and a 200-day simple moving average of $121.51. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $130.37.

Vanguard High Dividend Yield ETF Company 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.