West Branch Capital LLC Decreases Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

West Branch Capital LLC reduced its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,764 shares of the company’s stock after selling 144 shares during the quarter. West Branch Capital LLC’s holdings in Vanguard High Dividend Yield ETF were worth $863,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. FSA Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth about $39,000. Highline Wealth Partners LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at about $45,000. GAMMA Investing LLC raised its stake in Vanguard High Dividend Yield ETF by 352.5% in the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock worth $59,000 after buying an additional 356 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $64,000.

Vanguard High Dividend Yield ETF Stock Up 0.9 %

VYM opened at $132.94 on Wednesday. Vanguard High Dividend Yield ETF has a 52 week low of $111.31 and a 52 week high of $135.07. The stock has a market cap of $60.19 billion, a PE ratio of 15.88 and a beta of 0.70. The business has a 50 day moving average of $130.45 and a 200-day moving average of $127.33.

Vanguard High Dividend Yield ETF 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.