Wellington Management Group LLP Has $15.07 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wellington Management Group LLP cut its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 47.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 118,128 shares of the company’s stock after selling 105,878 shares during the quarter. Wellington Management Group LLP’s holdings in Vanguard High Dividend Yield ETF were worth $15,072,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. boosted its position in shares of Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after acquiring an additional 192 shares in the last quarter. Runnymede Capital Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $34,000. Decker Retirement Planning Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $39,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $39,000. Finally, Pillar Financial Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $41,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $114.78 on Wednesday. The stock’s fifty day simple moving average is $129.84 and its 200 day simple moving average is $130.03. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $135.10. The firm 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 Cuts Dividend

The company 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.