Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp lessened its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,286 shares of the company’s stock after selling 3,745 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Vanguard High Dividend Yield ETF were worth $13,561,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $921,398,000. LPL Financial LLC raised its holdings in Vanguard High Dividend Yield ETF by 4.5% during the fourth quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock worth $720,020,000 after purchasing an additional 243,681 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Vanguard High Dividend Yield ETF by 152.1% in the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock valued at $696,339,000 after purchasing an additional 3,292,948 shares during the period. Wells Fargo & Company MN boosted its holdings in Vanguard High Dividend Yield ETF by 9.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock valued at $639,651,000 after purchasing an additional 452,063 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 8.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,343,545 shares of the company’s stock valued at $299,013,000 after buying an additional 179,703 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $117.03 on Monday. The company has a market cap of $53.84 billion, a P/E ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a one year low of $112.38 and a one year high of $135.10. The business has a fifty day moving average of $130.86 and a two-hundred day moving average of $130.31.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently announced 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 of this dividend was Friday, March 21st.

Vanguard High Dividend Yield ETF 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.