Global Retirement Partners LLC Sells 1,441 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Global Retirement Partners LLC trimmed its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,135 shares of the company’s stock after selling 1,441 shares during the quarter. Global Retirement Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $6,684,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Chris Bulman Inc bought a new stake in Vanguard High Dividend Yield ETF in the second quarter worth $26,000. Central Pacific Bank Trust Division bought a new position in shares of Vanguard High Dividend Yield ETF during the first quarter valued at $27,000. Cultivar Capital Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the second quarter valued at $36,000. Dixon Mitchell Investment Counsel Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the first quarter valued at $44,000. Finally, Clean Yield Group bought a new position in shares of Vanguard High Dividend Yield ETF during the first quarter valued at $44,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM traded up $0.30 during midday trading on Thursday, reaching $131.61. 303,419 shares of the company’s stock traded hands, compared to its average volume of 908,200. The company has a market cap of $59.59 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $131.85. The stock has a 50 day moving average of $126.10 and a 200 day moving average of $121.72.

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.