Davidson Trust Co. Sells 1,235 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Davidson Trust Co. cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,660 shares of the company’s stock after selling 1,235 shares during the quarter. Vanguard High Dividend Yield ETF makes up 1.6% of Davidson Trust Co.’s portfolio, making the stock its 15th largest holding. Davidson Trust Co.’s holdings in Vanguard High Dividend Yield ETF were worth $3,019,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VYM. Alpha Financial Partners LLC bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at $468,000. Claro Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 11.5% in the third quarter. Claro Advisors LLC now owns 1,919 shares of the company’s stock valued at $246,000 after buying an additional 198 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 43.9% in the third quarter. Blue Trust Inc. now owns 3,791 shares of the company’s stock valued at $450,000 after buying an additional 1,156 shares during the last quarter. MBE Wealth Management LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 7.2% in the third quarter. MBE Wealth Management LLC now owns 4,233 shares of the company’s stock valued at $543,000 after buying an additional 284 shares during the last quarter. Finally, Marino Stram & Associates LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 2.3% in the third quarter. Marino Stram & Associates LLC now owns 541,374 shares of the company’s stock valued at $69,404,000 after buying an additional 11,951 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.1 %

Shares of NYSEARCA VYM opened at $133.77 on Tuesday. Vanguard High Dividend Yield ETF has a 1-year low of $113.00 and a 1-year high of $135.07. The company has a market cap of $60.57 billion, a PE ratio of 15.88 and a beta of 0.70. The company has a 50-day moving average of $130.47 and a two-hundred day moving average of $128.78.

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.