Webster Bank N. A. Sells 269 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Webster Bank N. A. cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.7% during the first quarter, HoldingsChannel reports. The firm owned 15,940 shares of the company’s stock after selling 269 shares during the period. Webster Bank N. A.’s holdings in Vanguard High Dividend Yield ETF were worth $1,929,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in Vanguard High Dividend Yield ETF by 4.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,884,792 shares of the company’s stock worth $545,289,000 after acquiring an additional 186,821 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in Vanguard High Dividend Yield ETF by 2.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 4,059,220 shares of the company’s stock worth $453,131,000 after acquiring an additional 115,272 shares in the last quarter. UBS Group AG boosted its holdings in shares of Vanguard High Dividend Yield ETF by 5.2% in the 4th quarter. UBS Group AG now owns 3,417,686 shares of the company’s stock valued at $381,516,000 after buying an additional 169,321 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 3,230,426 shares of the company’s stock valued at $360,612,000 after buying an additional 9,362 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $254,023,000.

Vanguard High Dividend Yield ETF Trading Up 0.2 %

Shares of NYSEARCA:VYM traded up $0.29 during trading on Friday, reaching $118.60. The stock had a trading volume of 991,732 shares, compared to its average volume of 993,924. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $121.64. The company has a market capitalization of $53.70 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm’s 50-day simple moving average is $118.89 and its 200 day simple moving average is $116.04.

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.