Essex Savings Bank Sells 531 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Essex Savings Bank lowered its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,681 shares of the company’s stock after selling 531 shares during the quarter. Essex Savings Bank’s holdings in Vanguard High Dividend Yield ETF were worth $2,022,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VYM. Valley Wealth Managers Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 314.8% during the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after purchasing an additional 192 shares during the last quarter. Runnymede Capital Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $34,000. Pillar Financial Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $41,000. Heck Capital Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $45,000. Finally, Centricity Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth about $48,000.

Vanguard High Dividend Yield ETF Trading Down 0.9%

Shares of VYM stock opened at $130.07 on Wednesday. The stock has a market cap of $59.37 billion, a P/E ratio of 18.75 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $135.10. The stock has a 50 day simple moving average of $126.42 and a 200 day simple moving average of $128.67.

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.