Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Grove Bank & Trust

Grove Bank & Trust lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 19.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,364 shares of the company’s stock after selling 339 shares during the period. Grove Bank & Trust’s holdings in Vanguard High Dividend Yield ETF were worth $174,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. FSA Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $39,000. Highline Wealth Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at about $45,000. GAMMA Investing LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 352.5% during the 3rd quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock valued at $59,000 after buying an additional 356 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC acquired a new position in Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $64,000.

Vanguard High Dividend Yield ETF Stock Up 0.7 %

Shares of NYSEARCA:VYM opened at $131.69 on Monday. The company has a market capitalization of $59.63 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The company has a 50 day moving average of $130.47 and a two-hundred day moving average of $127.18. Vanguard High Dividend Yield ETF has a 52-week low of $109.47 and a 52-week high of $135.07.

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.