Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Stock Holdings Lowered by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. reduced its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,020 shares of the company’s stock after selling 1,012 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Vanguard High Dividend Yield ETF were worth $4,341,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $921,398,000. JPMorgan Chase & Co. raised its holdings in shares of Vanguard High Dividend Yield ETF by 152.1% in the 4th quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock worth $696,339,000 after purchasing an additional 3,292,948 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $77,577,000. Bell Bank boosted its holdings in Vanguard High Dividend Yield ETF by 169.0% during the fourth quarter. Bell Bank now owns 696,473 shares of the company’s stock worth $88,863,000 after buying an additional 437,527 shares in the last quarter. Finally, Wealthfront Advisers LLC grew its position in Vanguard High Dividend Yield ETF by 17,578.5% in the fourth quarter. Wealthfront Advisers LLC now owns 413,500 shares of the company’s stock worth $52,758,000 after buying an additional 411,161 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $127.55 on Friday. The company has a market capitalization of $58.65 billion, a PE ratio of 18.95 and a beta of 0.83. The stock has a fifty day moving average of $131.55 and a 200-day moving average of $130.29. Vanguard High Dividend Yield ETF has a one year low of $114.37 and a one year high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were issued a $0.85 dividend. The ex-dividend date was Friday, March 21st.

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.