DB Wealth Management Group LLC Trims Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

DB Wealth Management Group LLC cut its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 9.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,979 shares of the company’s stock after selling 973 shares during the period. DB Wealth Management Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Moneta Group Investment Advisors LLC grew its stake in Vanguard High Dividend Yield ETF by 110,970.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 394,835,570 shares of the company’s stock valued at $42,725,157,000 after acquiring an additional 394,480,089 shares in the last quarter. Sumitomo Life Insurance Co. grew its stake in Vanguard High Dividend Yield ETF by 81.5% during the third quarter. Sumitomo Life Insurance Co. now owns 18,483,322 shares of the company’s stock valued at $1,966,803,000 after acquiring an additional 8,298,820 shares in the last quarter. Morgan Stanley grew its stake in Vanguard High Dividend Yield ETF by 10.1% during the fourth quarter. Morgan Stanley now owns 9,684,196 shares of the company’s stock valued at $1,047,927,000 after acquiring an additional 884,541 shares in the last quarter. LPL Financial LLC grew its stake in Vanguard High Dividend Yield ETF by 6.1% during the third quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock valued at $532,326,000 after acquiring an additional 298,137 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Vanguard High Dividend Yield ETF by 2.2% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 3,943,948 shares of the company’s stock valued at $407,489,000 after acquiring an additional 84,421 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock traded down $0.80 during trading on Friday, hitting $116.87. 1,019,582 shares of the company’s stock traded hands, compared to its average volume of 1,161,578. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $118.74. The business has a fifty day simple moving average of $113.90 and a 200 day simple moving average of $108.64. The stock has a market capitalization of $53.69 billion, a price-to-earnings ratio of 13.80 and a beta of 0.84.

Vanguard High Dividend Yield ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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