McNamara Financial Services Inc. Sells 2,724 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

McNamara Financial Services Inc. reduced its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 17.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,683 shares of the company’s stock after selling 2,724 shares during the period. Vanguard High Dividend Yield ETF comprises about 0.4% of McNamara Financial Services Inc.’s investment portfolio, making the stock its 20th biggest position. McNamara Financial Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,618,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VYM. JPMorgan Chase & Co. raised its stake in shares of Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after acquiring an additional 9,363 shares during the last quarter. World Investment Advisors LLC raised its position in Vanguard High Dividend Yield ETF by 451.3% in the 3rd quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after purchasing an additional 18,778 shares during the last quarter. Semmax Financial Advisors Inc. boosted its stake in Vanguard High Dividend Yield ETF by 3.2% in the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after purchasing an additional 1,171 shares in the last quarter. High Net Worth Advisory Group LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 1.9% during the third quarter. High Net Worth Advisory Group LLC now owns 96,768 shares of the company’s stock worth $12,407,000 after purchasing an additional 1,794 shares during the last quarter. Finally, Grimes & Company Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 13.1% in the third quarter. Grimes & Company Inc. now owns 16,637 shares of the company’s stock valued at $2,133,000 after buying an additional 1,924 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.5 %

Shares of NYSEARCA VYM opened at $132.36 on Monday. Vanguard High Dividend Yield ETF has a 12-month low of $111.31 and a 12-month high of $135.07. The firm’s 50-day simple moving average is $130.62 and its 200 day simple moving average is $128.07. The company has a market cap of $59.93 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF 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.