Procyon Advisors LLC Sells 18,018 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Procyon Advisors LLC lowered its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 10.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 148,758 shares of the company’s stock after selling 18,018 shares during the quarter. Vanguard High Dividend Yield ETF comprises 1.4% of Procyon Advisors LLC’s holdings, making the stock its 11th biggest position. Procyon Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $16,606,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Fairfield Bush & CO. bought a new position in Vanguard High Dividend Yield ETF in the 1st quarter valued at about $84,000. Bank of New York Mellon Corp lifted its holdings in Vanguard High Dividend Yield ETF by 5.9% in the first quarter. Bank of New York Mellon Corp now owns 221,009 shares of the company’s stock valued at $24,808,000 after buying an additional 12,223 shares during the period. BlackRock Inc. grew its stake in Vanguard High Dividend Yield ETF by 56.8% during the first quarter. BlackRock Inc. now owns 1,145 shares of the company’s stock worth $129,000 after purchasing an additional 415 shares during the period. Cibc World Market Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at $227,000. Finally, Sei Investments Co. boosted its position in shares of Vanguard High Dividend Yield ETF by 1.5% during the 1st quarter. Sei Investments Co. now owns 123,399 shares of the company’s stock worth $13,847,000 after purchasing an additional 1,853 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.2 %

Shares of VYM traded up $0.22 on Thursday, reaching $120.79. The company’s stock had a trading volume of 233,732 shares, compared to its average volume of 1,146,664. The stock has a market capitalization of $55.49 billion, a PE ratio of 13.80 and a beta of 0.84. The firm has a fifty day moving average of $114.88 and a 200-day moving average of $109.21. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $121.04.

Vanguard High Dividend Yield ETF 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.