FCA Corp TX Raises Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

FCA Corp TX increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 11,895 shares of the company’s stock after buying an additional 248 shares during the period. FCA Corp TX’s holdings in Vanguard High Dividend Yield ETF were worth $1,518,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth about $921,398,000. LPL Financial LLC lifted its holdings in Vanguard High Dividend Yield ETF by 4.5% during the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock worth $720,020,000 after purchasing an additional 243,681 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in Vanguard High Dividend Yield ETF by 8.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,343,545 shares of the company’s stock worth $299,013,000 after purchasing an additional 179,703 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after purchasing an additional 9,363 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in Vanguard High Dividend Yield ETF by 6.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after purchasing an additional 121,099 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 1.1 %

NYSEARCA:VYM opened at $128.40 on Friday. The business’s 50-day moving average price is $131.61 and its two-hundred day moving average price is $130.13. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10. The stock has a market cap of $59.04 billion, a P/E ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st will be issued a $0.85 dividend. The ex-dividend date of this dividend is Friday, March 21st.

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.