Bank of New York Mellon Corp Has $14.59 Million Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Bank of New York Mellon Corp trimmed its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 113,145 shares of the company’s stock after selling 1,484 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard High Dividend Yield ETF were worth $14,591,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Clark Asset Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 68.6% in the 1st quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock worth $502,000 after purchasing an additional 1,585 shares during the period. BNP Paribas Financial Markets increased its stake in Vanguard High Dividend Yield ETF by 214,700.0% in the fourth quarter. BNP Paribas Financial Markets now owns 2,148 shares of the company’s stock valued at $274,000 after acquiring an additional 2,147 shares during the last quarter. First Trust Advisors LP acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $1,225,000. GAMMA Investing LLC boosted its position in Vanguard High Dividend Yield ETF by 12,965.2% in the first quarter. GAMMA Investing LLC now owns 59,708 shares of the company’s stock valued at $7,700,000 after buying an additional 59,251 shares in the last quarter. Finally, ARQ Wealth Advisors LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 9.8% during the fourth quarter. ARQ Wealth Advisors LLC now owns 17,226 shares of the company’s stock worth $2,198,000 after purchasing an additional 1,539 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.2%

VYM opened at $134.69 on Friday. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $135.97. The company has a market cap of $61.77 billion, a P/E ratio of 17.79 and a beta of 0.84. The company has a fifty day moving average price of $131.29 and a two-hundred day moving average price of $129.21.

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.