Essex Financial Services Inc. Sells 10,371 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

by · The Cerbat Gem

Essex Financial Services Inc. trimmed its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 6.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 157,928 shares of the company’s stock after selling 10,371 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 1.0% of Essex Financial Services Inc.’s portfolio, making the stock its 16th biggest holding. Essex Financial Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $20,557,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Chris Bulman Inc bought a new position in shares of Vanguard High Dividend Yield ETF in the second quarter valued at $26,000. Central Pacific Bank Trust Division acquired a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth about $27,000. Cultivar Capital Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth about $36,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at about $44,000. Finally, Clean Yield Group acquired a new stake in Vanguard High Dividend Yield ETF in the 1st quarter valued at about $44,000.

Vanguard High Dividend Yield ETF Stock Down 0.8 %

Shares of NYSEARCA VYM opened at $128.43 on Friday. The business’s 50 day moving average price is $127.30 and its two-hundred day moving average price is $122.23. The company has a market cap of $58.15 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $131.85.

Vanguard High Dividend Yield ETF 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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