Thoroughbred Financial Services LLC Trims Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Thoroughbred Financial Services LLC reduced its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 19,768 shares of the company’s stock after selling 153 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,522,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $921,398,000. JPMorgan Chase & Co. grew its stake in Vanguard High Dividend Yield ETF by 152.1% during 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. purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth about $77,577,000. Bell Bank boosted its stake in shares of Vanguard High Dividend Yield ETF by 169.0% in the 4th quarter. Bell Bank now owns 696,473 shares of the company’s stock valued at $88,863,000 after buying an additional 437,527 shares during the period. Finally, Wealthfront Advisers LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 17,578.5% during the 4th quarter. Wealthfront Advisers LLC now owns 413,500 shares of the company’s stock worth $52,758,000 after purchasing an additional 411,161 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 5.7 %

Shares of Vanguard High Dividend Yield ETF stock opened at $117.03 on Friday. The company has a fifty day simple moving average of $130.86 and a 200-day simple moving average of $130.26. The stock has a market cap of $53.84 billion, a price-to-earnings ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month 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 of this dividend was 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.