SlateStone Wealth LLC Sells 5,363 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

SlateStone Wealth LLC decreased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 117,522 shares of the company’s stock after selling 5,363 shares during the period. Vanguard High Dividend Yield ETF comprises 1.7% of SlateStone Wealth LLC’s holdings, making the stock its 10th largest position. SlateStone Wealth LLC’s holdings in Vanguard High Dividend Yield ETF were worth $13,119,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of VYM. Roble Belko & Company Inc raised its holdings in shares of Vanguard High Dividend Yield ETF by 2.5% in the fourth quarter. Roble Belko & Company Inc now owns 163,303 shares of the company’s stock valued at $18,230,000 after purchasing an additional 4,019 shares during the last quarter. RWA Wealth Partners LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 657.1% during the 4th quarter. RWA Wealth Partners LLC now owns 21,796 shares of the company’s stock worth $2,433,000 after acquiring an additional 18,917 shares during the last quarter. Greenwich Wealth Management LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 9.8% during the 4th quarter. Greenwich Wealth Management LLC now owns 7,829 shares of the company’s stock worth $874,000 after buying an additional 700 shares during the last quarter. Smith & Howard Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $213,000. Finally, CWM LLC raised its holdings in Vanguard High Dividend Yield ETF by 33.0% in the 4th quarter. CWM LLC now owns 48,054 shares of the company’s stock valued at $5,364,000 after acquiring an additional 11,935 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

Shares of NYSEARCA:VYM opened at $117.69 on Wednesday. The stock has a market cap of $53.29 billion, a PE ratio of 15.82 and a beta of 0.73. The business has a 50 day moving average of $117.14 and a 200-day moving average of $111.10. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $121.29.

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.