Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,127 shares of the company’s stock after selling 142 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in Vanguard High Dividend Yield ETF were worth $527,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VYM. Ipsen Advisor Group LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $610,000. Florida Financial Advisors LLC lifted its stake in Vanguard High Dividend Yield ETF by 48.1% in the fourth quarter. Florida Financial Advisors LLC now owns 3,469 shares of the company’s stock worth $443,000 after acquiring an additional 1,127 shares during the last quarter. Bay Capital Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $5,399,000. Potentia Wealth purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $222,000. Finally, PKS Advisory Services LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $242,000.

Vanguard High Dividend Yield ETF Trading Up 0.1 %

Shares of VYM stock opened at $129.31 on Thursday. The company has a market cap of $59.46 billion, a P/E ratio of 18.95 and a beta of 0.83. The firm has a fifty day moving average price of $131.67 and a 200 day moving average price of $130.23. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were given a dividend of $0.85 per share. The ex-dividend date was Friday, March 21st.

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.