Vestmark Advisory Solutions Inc. Trims Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Vestmark Advisory Solutions Inc. lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 90,291 shares of the company’s stock after selling 5,178 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $10,079,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. LPL Financial LLC grew its position in Vanguard High Dividend Yield ETF by 6.1% in the third quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock worth $532,326,000 after acquiring an additional 298,137 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 2.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 4,059,220 shares of the company’s stock valued at $453,131,000 after purchasing an additional 115,272 shares during the last quarter. UBS Group AG raised its holdings in shares of Vanguard High Dividend Yield ETF by 4.7% during the 3rd quarter. UBS Group AG now owns 3,248,365 shares of the company’s stock valued at $335,621,000 after buying an additional 145,946 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $254,023,000. Finally, Royal Bank of Canada lifted its position in Vanguard High Dividend Yield ETF by 3.8% in the 3rd quarter. Royal Bank of Canada now owns 2,270,831 shares of the company’s stock worth $234,621,000 after buying an additional 82,283 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM traded up $0.66 on Friday, reaching $117.13. 933,683 shares of the company’s stock traded hands, compared to its average volume of 1,103,594. The stock has a market cap of $53.04 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.29. The stock has a 50-day simple moving average of $117.60 and a 200 day simple moving average of $111.78.

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.