National Bank of Canada FI Buys 1,860 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

National Bank of Canada FI lifted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 15.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,727 shares of the company’s stock after purchasing an additional 1,860 shares during the quarter. National Bank of Canada FI’s holdings in Vanguard High Dividend Yield ETF were worth $1,751,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC increased its holdings in Vanguard High Dividend Yield ETF by 12.4% during the 3rd quarter. FMR LLC now owns 201,446 shares of the company’s stock worth $25,825,000 after acquiring an additional 22,272 shares during the period. Wellington Management Group LLP raised its position in shares of Vanguard High Dividend Yield ETF by 19.1% in the third 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 in the last quarter. Zacks Investment Management grew its position in Vanguard High Dividend Yield ETF by 19.6% during the third quarter. Zacks Investment Management now owns 3,446 shares of the company’s stock worth $442,000 after buying an additional 564 shares in the last quarter. Executive Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $18,642,000. Finally, Brophy Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at about $290,000.

Vanguard High Dividend Yield ETF Trading Down 1.2 %

VYM stock opened at $114.78 on Wednesday. The company’s 50 day moving average is $129.84 and its 200 day moving average is $130.03. The stock has a market cap of $52.80 billion, a price-to-earnings ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 25th. Stockholders 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.

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.