Towercrest Capital Management Cuts Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Towercrest Capital Management decreased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 34.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,455 shares of the company’s stock after selling 1,310 shares during the period. Towercrest Capital Management’s holdings in Vanguard High Dividend Yield ETF were worth $313,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. BSW Wealth Partners boosted its holdings in shares of Vanguard High Dividend Yield ETF by 1.9% in the 4th quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock worth $522,000 after purchasing an additional 76 shares in the last quarter. BLB&B Advisors LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 5.0% in the 4th quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock worth $210,000 after purchasing an additional 79 shares in the last quarter. Constant Guidance Financial LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 0.7% in the 4th quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock worth $1,542,000 after purchasing an additional 81 shares in the last quarter. Bogart Wealth LLC boosted its holdings in Vanguard High Dividend Yield ETF by 1.0% during the 4th quarter. Bogart Wealth LLC now owns 9,140 shares of the company’s stock valued at $1,166,000 after acquiring an additional 92 shares during the period. Finally, Tower View Wealth Management LLC boosted its holdings in Vanguard High Dividend Yield ETF by 2.2% during the 4th quarter. Tower View Wealth Management LLC now owns 4,200 shares of the company’s stock valued at $536,000 after acquiring an additional 92 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $128.40 on Monday. The stock has a market capitalization of $59.04 billion, a PE ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10. The business has a 50-day moving average of $131.61 and a 200 day moving average of $130.16.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be issued a dividend of $0.85 per share. The ex-dividend date is Friday, March 21st.

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.