Bank of America Corp DE Cuts Stock Position in Vanguard High Dividend Yield ETF $VYM

Bank of America Corp DE trimmed its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,901,834 shares of the company’s stock after selling 175,539 shares during the quarter. Bank of America Corp DE owned approximately 2.55% of Vanguard High Dividend Yield ETF worth $1,677,563,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VYM. Gallagher Fiduciary Advisors LLC raised its position in Vanguard High Dividend Yield ETF by 12,273.0% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock worth $1,064,039,000 after acquiring an additional 7,917,178 shares during the period. Raymond James Financial Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 2.4% in the second quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock valued at $998,634,000 after purchasing an additional 178,904 shares during the period. Ameriprise Financial Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 1.6% in the third quarter. Ameriprise Financial Inc. now owns 4,019,262 shares of the company’s stock valued at $566,458,000 after purchasing an additional 64,127 shares during the period. Wellspring Financial Advisors LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 0.6% during the second quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock worth $371,656,000 after purchasing an additional 15,677 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Vanguard High Dividend Yield ETF by 13.3% during the second quarter. The Manufacturers Life Insurance Company now owns 2,683,539 shares of the company’s stock worth $357,743,000 after purchasing an additional 314,494 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.2%

VYM opened at $148.43 on Monday. The company has a market cap of $71.33 billion, a PE ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $157.29. The company has a 50-day moving average price of $151.26 and a 200 day moving average price of $145.13.

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.