Wells Fargo & Company MN Increases Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wells Fargo & Company MN lifted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,013,329 shares of the company’s stock after buying an additional 452,063 shares during the quarter. Wells Fargo & Company MN owned about 1.11% of Vanguard High Dividend Yield ETF worth $639,651,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. FMR LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 12.4% during the third quarter. FMR LLC now owns 201,446 shares of the company’s stock worth $25,825,000 after purchasing an additional 22,272 shares during the last quarter. Edgestream Partners L.P. boosted its position in shares of Vanguard High Dividend Yield ETF by 7.9% in the 3rd quarter. Edgestream Partners L.P. now owns 2,142 shares of the company’s stock valued at $275,000 after purchasing an additional 157 shares during the period. Wellington Management Group LLP grew its stake in Vanguard High Dividend Yield ETF by 19.1% during the 3rd quarter. Wellington Management Group LLP now owns 224,006 shares of the company’s stock worth $28,718,000 after buying an additional 35,989 shares during the last quarter. Voya Financial Advisors Inc. increased its position in Vanguard High Dividend Yield ETF by 1.3% during the third quarter. Voya Financial Advisors Inc. now owns 27,595 shares of the company’s stock worth $3,526,000 after buying an additional 365 shares during the period. Finally, Kovitz Investment Group Partners LLC lifted its stake in Vanguard High Dividend Yield ETF by 4,879.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock valued at $22,101,000 after buying an additional 171,029 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 5.7 %

VYM stock opened at $117.03 on Friday. The business has a 50 day simple moving average of $130.86 and a 200-day simple moving average of $130.26. The company has a market capitalization of $53.84 billion, a P/E ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were given a dividend of $0.85 per share. The ex-dividend date 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.