Vanguard High Dividend Yield ETF $VYM Shares Sold by M&T Bank Corp

M&T Bank Corp reduced its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 298,678 shares of the company’s stock after selling 6,825 shares during the period. M&T Bank Corp’s holdings in Vanguard High Dividend Yield ETF were worth $42,098,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. McAdam LLC raised its position in Vanguard High Dividend Yield ETF by 2.0% during the third quarter. McAdam LLC now owns 3,692 shares of the company’s stock valued at $520,000 after acquiring an additional 71 shares in the last quarter. Sage Financial Group Inc. grew its position in Vanguard High Dividend Yield ETF by 2.1% in the third quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock worth $505,000 after acquiring an additional 72 shares in the last quarter. CWA Asset Management Group LLC grew its position in Vanguard High Dividend Yield ETF by 2.4% in the third quarter. CWA Asset Management Group LLC now owns 3,155 shares of the company’s stock worth $445,000 after acquiring an additional 74 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 1.0% during the 3rd quarter. Axxcess Wealth Management LLC now owns 7,761 shares of the company’s stock worth $1,094,000 after purchasing an additional 74 shares during the last quarter. Finally, Sachetta LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 6.6% during the 3rd quarter. Sachetta LLC now owns 1,220 shares of the company’s stock worth $172,000 after purchasing an additional 76 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.2%

Vanguard High Dividend Yield ETF stock opened at $148.43 on Friday. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $157.29. The firm’s fifty day simple moving average is $151.26 and its 200-day simple moving average is $145.04. The company has a market capitalization of $71.33 billion, a P/E ratio of 17.79 and a beta of 0.79.

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.