Signature Estate & Investment Advisors LLC Reduces Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Signature Estate & Investment Advisors LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,732 shares of the company’s stock after selling 315 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,773,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Syverson Strege & Co purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $351,000. Modern Wealth Management LLC purchased a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $610,000. CoreFirst Bank & Trust bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $5,295,000. Haverford Trust Co grew its stake in Vanguard High Dividend Yield ETF by 0.5% in the 4th quarter. Haverford Trust Co now owns 38,928 shares of the company’s stock worth $4,967,000 after buying an additional 198 shares in the last quarter. Finally, Lynx Investment Advisory increased its holdings in shares of Vanguard High Dividend Yield ETF by 1.1% in the 4th quarter. Lynx Investment Advisory now owns 7,460 shares of the company’s stock worth $952,000 after buying an additional 84 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $129.74 on Tuesday. The firm has a market capitalization of $59.65 billion, a PE ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10. The firm has a fifty day moving average of $131.66 and a 200 day moving average of $130.20.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be issued a $0.85 dividend. The ex-dividend date of this dividend is Friday, March 21st.

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.