CNB Bank Decreases Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

CNB Bank cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,263 shares of the company’s stock after selling 105 shares during the period. CNB Bank’s holdings in Vanguard High Dividend Yield ETF were worth $161,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Mesirow Financial Investment Management Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 101.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after buying an additional 552,003 shares during the last quarter. Accredited Investors Inc. boosted its position in Vanguard High Dividend Yield ETF by 18,516.9% in the third quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock worth $51,242,000 after purchasing an additional 397,558 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $27,104,000. Kovitz Investment Group Partners LLC increased its position in shares of Vanguard High Dividend Yield ETF by 4,879.6% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock valued at $22,101,000 after purchasing an additional 171,029 shares during the last quarter. Finally, Wharton Business Group LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 19.8% in the 3rd quarter. Wharton Business Group LLC now owns 894,801 shares of the company’s stock worth $114,713,000 after purchasing an additional 148,184 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.6 %

VYM opened at $131.54 on Friday. The company’s 50 day moving average is $130.51 and its 200 day moving average is $127.01. The company has a market cap of $59.56 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12-month low of $109.47 and a 12-month high of $135.07.

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.