RWA Wealth Partners LLC Lowers Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

RWA Wealth Partners LLC lowered its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,886 shares of the company’s stock after selling 407 shares during the quarter. RWA Wealth Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,537,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of Vanguard High Dividend Yield ETF by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after buying an additional 9,363 shares during the last quarter. World Investment Advisors LLC increased its holdings in Vanguard High Dividend Yield ETF by 451.3% in the 3rd quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after acquiring an additional 18,778 shares during the last quarter. Semmax Financial Advisors Inc. lifted its stake in Vanguard High Dividend Yield ETF by 3.2% in the 3rd quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after purchasing an additional 1,171 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $2,588,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Vanguard High Dividend Yield ETF by 1.3% during the 4th quarter. Bank of New York Mellon Corp now owns 114,629 shares of the company’s stock valued at $14,626,000 after purchasing an additional 1,496 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 1.0 %

Shares of VYM stock opened at $127.55 on Monday. The stock has a market capitalization of $58.65 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10. The stock’s 50-day moving average price is $131.55 and its 200-day moving average price is $130.33.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were issued a dividend of $0.85 per share. 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.