CIBC Private Wealth Group LLC Trims Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

CIBC Private Wealth Group LLC decreased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 83,514 shares of the company’s stock after selling 1,262 shares during the period. CIBC Private Wealth Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $10,686,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. FSA Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the third quarter valued at approximately $26,000. Valley Wealth Managers Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 314.8% in the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after purchasing an additional 192 shares during the period. Runnymede Capital Advisors Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $34,000. Decker Retirement Planning Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $39,000. Finally, Wingate Wealth Advisors Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $39,000.

Vanguard High Dividend Yield ETF Stock Up 1.1 %

Vanguard High Dividend Yield ETF stock opened at $128.96 on Tuesday. The stock has a market cap of $59.29 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. The business has a 50-day simple moving average of $131.49 and a 200 day simple moving average of $130.36. Vanguard High Dividend Yield ETF has a 52 week low of $114.37 and a 52 week 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 issued a dividend of $0.85 per share. The ex-dividend date of this dividend 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.