Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Montis Financial LLC

Montis Financial LLC decreased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.4% in the third quarter, HoldingsChannel reports. The firm owned 192,424 shares of the company’s stock after selling 13,171 shares during the period. Vanguard High Dividend Yield ETF accounts for about 8.8% of Montis Financial LLC’s investment portfolio, making the stock its 3rd biggest holding. Montis Financial LLC’s holdings in Vanguard High Dividend Yield ETF were worth $24,669,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VYM. Chris Bulman Inc acquired a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $26,000. Central Pacific Bank Trust Division acquired a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $27,000. Cultivar Capital Inc. acquired a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $36,000. Dixon Mitchell Investment Counsel Inc. acquired a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $44,000. Finally, Clean Yield Group acquired a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $44,000.

Vanguard High Dividend Yield ETF Stock Up 1.0 %

VYM stock opened at $130.11 on Friday. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $130.24. The company has a market cap of $58.91 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The company has a 50 day moving average of $125.34 and a two-hundred day moving average of $121.51.

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.