Massmutual Trust Co. FSB ADV Lowers Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Massmutual Trust Co. FSB ADV cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 17.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,177 shares of the company’s stock after selling 1,509 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Vanguard High Dividend Yield ETF were worth $920,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Chris Bulman Inc purchased a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter worth approximately $26,000. Central Pacific Bank Trust Division purchased a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $27,000. Cultivar Capital Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter valued at approximately $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $44,000. Finally, Clean Yield Group purchased a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $44,000.

Vanguard High Dividend Yield ETF Trading Up 0.9 %

Shares of VYM opened at $128.70 on Friday. The company has a market capitalization of $58.27 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock has a 50 day moving average of $124.75 and a 200 day moving average of $121.14. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $128.77.

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.