Means Investment CO. Inc. Trims Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Means Investment CO. Inc. reduced its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,617 shares of the company’s stock after selling 1,043 shares during the quarter. Vanguard High Dividend Yield ETF comprises 0.8% of Means Investment CO. Inc.’s investment portfolio, making the stock its 22nd biggest position. Means Investment CO. Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $8,117,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of VYM. Mesirow Financial Investment Management Inc. increased its holdings in Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after acquiring an additional 552,003 shares during the period. Accredited Investors Inc. boosted its stake in Vanguard High Dividend Yield ETF by 18,516.9% during the third quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock valued at $51,242,000 after buying an additional 397,558 shares during the period. Crews Bank & Trust purchased a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $28,349,000. Kovitz Investment Group Partners LLC increased its stake in Vanguard High Dividend Yield ETF by 4,879.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock worth $22,101,000 after acquiring an additional 171,029 shares during the last quarter. Finally, Wharton Business Group LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 19.8% in the 3rd quarter. Wharton Business Group LLC now owns 894,801 shares of the company’s stock valued at $114,713,000 after acquiring an additional 148,184 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.5 %

Shares of NYSEARCA VYM opened at $132.36 on Monday. The business has a 50-day moving average of $130.62 and a 200-day moving average of $128.04. The firm has a market capitalization of $59.93 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12 month low of $111.31 and a 12 month high of $135.07.

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.