Mechanics Bank Trust Department Sells 360 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Mechanics Bank Trust Department trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,892 shares of the company’s stock after selling 360 shares during the quarter. Mechanics Bank Trust Department’s holdings in Vanguard High Dividend Yield ETF were worth $2,534,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Moneta Group Investment Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 110,970.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 394,835,570 shares of the company’s stock worth $42,725,157,000 after acquiring an additional 394,480,089 shares during the period. Bank of America Corp DE raised its holdings in shares of Vanguard High Dividend Yield ETF by 25.7% during the fourth quarter. Bank of America Corp DE now owns 15,863,422 shares of the company’s stock worth $1,716,581,000 after acquiring an additional 3,242,830 shares during the period. Morgan Stanley increased its stake in Vanguard High Dividend Yield ETF by 10.1% in the 4th quarter. Morgan Stanley now owns 9,684,196 shares of the company’s stock valued at $1,047,927,000 after buying an additional 884,541 shares during the last quarter. LPL Financial LLC increased its stake in Vanguard High Dividend Yield ETF by 4.1% in the 1st quarter. LPL Financial LLC now owns 4,847,919 shares of the company’s stock valued at $511,455,000 after buying an additional 191,117 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Vanguard High Dividend Yield ETF by 1.7% in the 1st quarter. Ameriprise Financial Inc. now owns 4,464,935 shares of the company’s stock valued at $475,541,000 after buying an additional 74,443 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.8 %

Shares of VYM stock opened at $107.77 on Friday. Vanguard High Dividend Yield ETF has a 1 year low of $94.59 and a 1 year high of $113.78. The firm’s fifty day moving average price is $107.91 and its two-hundred day moving average price is $105.85. The firm has a market capitalization of $49.51 billion, a P/E ratio of 13.80 and a beta of 0.84.

Vanguard High Dividend Yield ETF Company Profile

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.