Patriot Investment Management Group Inc. Trims Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

by · The Cerbat Gem

Patriot Investment Management Group Inc. reduced its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 0.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 121,655 shares of the company’s stock after selling 245 shares during the quarter. Vanguard High Dividend Yield ETF comprises 1.1% of Patriot Investment Management Group Inc.’s investment portfolio, making the stock its 16th largest position. Patriot Investment Management Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $15,596,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in VYM. Chris Bulman Inc purchased a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter valued at $26,000. Central Pacific Bank Trust Division bought a new stake in Vanguard High Dividend Yield ETF during the first quarter valued at about $27,000. Cultivar Capital Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the first quarter worth $44,000. Finally, Clean Yield Group bought a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter valued at $44,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $130.11 on Monday. The stock has a fifty day simple moving average of $125.34 and a two-hundred day simple moving average of $121.51. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $130.24. The firm has a market capitalization of $58.91 billion, a PE ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company Profile

(Free Report)

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.

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