Essex Savings Bank Has $2.02 Million Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Essex Savings Bank lessened its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,681 shares of the company’s stock after selling 531 shares during the period. Essex Savings Bank’s holdings in Vanguard High Dividend Yield ETF were worth $2,022,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in VYM. BNP Paribas Financial Markets raised its holdings in Vanguard High Dividend Yield ETF by 214,700.0% in the 4th quarter. BNP Paribas Financial Markets now owns 2,148 shares of the company’s stock valued at $274,000 after buying an additional 2,147 shares during the last quarter. First Trust Advisors LP acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $1,225,000. GAMMA Investing LLC grew its holdings in Vanguard High Dividend Yield ETF by 12,965.2% in the first quarter. GAMMA Investing LLC now owns 59,708 shares of the company’s stock worth $7,700,000 after purchasing an additional 59,251 shares during the period. ARQ Wealth Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 9.8% in the 4th quarter. ARQ Wealth Advisors LLC now owns 17,226 shares of the company’s stock valued at $2,198,000 after buying an additional 1,539 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $2,588,000.

Vanguard High Dividend Yield ETF Trading Down 0.9%

VYM opened at $130.07 on Wednesday. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $135.10. The company has a market cap of $59.37 billion, a price-to-earnings ratio of 18.75 and a beta of 0.79. The company’s fifty day moving average price is $126.42 and its two-hundred day moving average price is $128.67.

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.