Vanguard High Dividend Yield ETF $VYM Position Trimmed by Means Investment CO. Inc.

Means Investment CO. Inc. lessened its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 8.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,382 shares of the company’s stock after selling 3,346 shares during the period. Means Investment CO. Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $5,336,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Miller Global Investments LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth about $27,000. Highland Investment Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $32,000. Main Street Group LTD purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth about $43,000. Basecamp Wealth Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 74.0% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 348 shares of the company’s stock worth $52,000 after purchasing an additional 148 shares during the period. Finally, Burnham & Co LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth about $57,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $159.08 on Monday. The firm has a 50 day moving average price of $160.63 and a 200 day moving average price of $157.49. The company has a market cap of $80.93 billion, a PE ratio of 17.79 and a beta of 0.72. Vanguard High Dividend Yield ETF has a 1 year low of $138.35 and a 1 year high of $167.61.

About Vanguard High Dividend Yield ETF

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.