TIAA Trust National Association Trims Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

TIAA Trust National Association lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,161 shares of the company’s stock after selling 1,131 shares during the period. TIAA Trust National Association’s holdings in Vanguard High Dividend Yield ETF were worth $3,083,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of VYM. FSA Wealth Management LLC purchased a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $26,000. Valley Wealth Managers Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after buying an additional 192 shares in the last quarter. Runnymede Capital Advisors Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $34,000. Decker Retirement Planning Inc. purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth $39,000. Finally, Wingate Wealth Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at $39,000.

Vanguard High Dividend Yield ETF Stock Up 0.1 %

NYSEARCA VYM opened at $129.31 on Thursday. The stock’s 50-day simple moving average is $131.67 and its two-hundred day simple moving average is $130.23. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10. The company has a market capitalization of $59.46 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were given a $0.85 dividend. The ex-dividend date of this dividend was 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.