Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Cary Street Partners Investment Advisory LLC

Cary Street Partners Investment Advisory LLC lessened its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 83.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 6,274 shares of the company’s stock after selling 31,785 shares during the period. Cary Street Partners Investment Advisory LLC’s holdings in Vanguard High Dividend Yield ETF were worth $703,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its position in Vanguard High Dividend Yield ETF by 6.1% in the 3rd 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 during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 2.9% in 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 in the last quarter. UBS Group AG boosted its holdings in Vanguard High Dividend Yield ETF by 4.7% in the 3rd quarter. UBS Group AG now owns 3,248,365 shares of the company’s stock valued at $335,621,000 after purchasing an additional 145,946 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $254,023,000. Finally, Royal Bank of Canada boosted its holdings 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 valued at $234,621,000 after purchasing an additional 82,283 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 1.3 %

Shares of VYM opened at $116.47 on Wednesday. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $121.29. The stock’s 50 day moving average is $117.52 and its two-hundred day moving average is $111.63. The firm has a market capitalization of $52.74 billion, a PE ratio of 15.82 and a beta of 0.73.

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.