CNB Bank Has $242,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

CNB Bank reduced its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 22.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,167 shares of the company’s stock after selling 622 shares during the period. CNB Bank’s holdings in Vanguard High Dividend Yield ETF were worth $242,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VYM. Providence Capital Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at about $25,000. Sunbelt Securities Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the first quarter valued at about $32,000. Halpern Financial Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $34,000. BluePath Capital Management LLC bought a new stake in Vanguard High Dividend Yield ETF during the third quarter worth about $39,000. Finally, Fortitude Family Office LLC bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth about $45,000.

Vanguard High Dividend Yield ETF Price Performance

VYM traded up $0.97 on Friday, hitting $115.94. 1,043,659 shares of the stock were exchanged, compared to its average volume of 1,147,445. The business has a 50-day moving average of $116.97 and a two-hundred day moving average of $110.74. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.29. The firm has a market capitalization of $52.50 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73.

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.