Rebalance LLC Sells 2,577 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Rebalance LLC trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 225,407 shares of the company’s stock after selling 2,577 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 2.1% of Rebalance LLC’s investment portfolio, making the stock its 12th biggest position. Rebalance LLC’s holdings in Vanguard High Dividend Yield ETF were worth $28,897,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Chris Bulman Inc acquired a new position in Vanguard High Dividend Yield ETF during the 2nd quarter worth about $26,000. Central Pacific Bank Trust Division acquired a new position in shares of Vanguard High Dividend Yield ETF during the first quarter worth approximately $27,000. Cultivar Capital Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth approximately $36,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the first quarter valued at approximately $44,000. Finally, Clean Yield Group acquired a new stake in shares of Vanguard High Dividend Yield ETF in the first quarter valued at approximately $44,000.

Vanguard High Dividend Yield ETF Stock Down 0.2 %

NYSEARCA:VYM traded down $0.24 during trading hours on Wednesday, hitting $129.93. 96,865 shares of the stock were exchanged, compared to its average volume of 905,114. The company has a market capitalization of $58.83 billion, a P/E ratio of 15.88 and a beta of 0.70. The company’s 50 day moving average is $126.92 and its two-hundred day moving average is $122.05. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $131.85.

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.