Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC lessened its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 147,389 shares of the company’s stock after selling 1,059 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 2.8% of Baker Ellis Asset Management LLC’s investment portfolio, making the stock its 5th biggest holding. Baker Ellis Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $18,805,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after buying an additional 9,363 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Vanguard High Dividend Yield ETF by 1.7% in the third quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock valued at $277,405,000 after buying an additional 36,239 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Vanguard High Dividend Yield ETF by 6.8% in the third quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after buying an additional 121,099 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Vanguard High Dividend Yield ETF by 1.1% in the third quarter. Janney Montgomery Scott LLC now owns 1,785,400 shares of the company’s stock valued at $228,888,000 after buying an additional 19,205 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. lifted its stake in Vanguard High Dividend Yield ETF by 101.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after buying an additional 552,003 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $132.01 on Thursday. The stock has a market capitalization of $59.77 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1 year low of $111.31 and a 1 year high of $135.07. The stock’s fifty day moving average is $130.47 and its two-hundred day moving average is $127.43.

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.