West Branch Capital LLC Sells 1,559 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

West Branch Capital LLC trimmed its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 23.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,205 shares of the company’s stock after selling 1,559 shares during the quarter. West Branch Capital LLC’s holdings in Vanguard High Dividend Yield ETF were worth $671,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VYM. Raymond James Financial Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $921,398,000. JPMorgan Chase & Co. raised its stake in shares of Vanguard High Dividend Yield ETF by 152.1% during the 4th quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock valued at $696,339,000 after purchasing an additional 3,292,948 shares during the period. Bank of America Corp DE raised its stake in shares of Vanguard High Dividend Yield ETF by 21.3% during the 4th quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock valued at $1,753,157,000 after purchasing an additional 2,409,649 shares during the period. Wellspring Financial Advisors LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 29.3% during the 4th quarter. Wellspring Financial Advisors LLC now owns 2,968,984 shares of the company’s stock valued at $378,813,000 after purchasing an additional 672,757 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $77,577,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $130.54 on Friday. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $135.10. The firm has a market cap of $59.58 billion, a price-to-earnings ratio of 18.75 and a beta of 0.79. The business’s fifty day moving average is $125.94 and its 200 day moving average is $128.77.

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.