Florida Trust Wealth Management Co Cuts Holdings in Vanguard High Dividend Yield ETF $VYM

Florida Trust Wealth Management Co cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 790,209 shares of the company’s stock after selling 18,475 shares during the period. Vanguard High Dividend Yield ETF accounts for 3.1% of Florida Trust Wealth Management Co’s portfolio, making the stock its 4th biggest position. Florida Trust Wealth Management Co owned approximately 0.16% of Vanguard High Dividend Yield ETF worth $113,411,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Home Federal Bank of Tennessee lifted its stake in Vanguard High Dividend Yield ETF by 13.5% in the fourth quarter. Home Federal Bank of Tennessee now owns 2,087 shares of the company’s stock worth $300,000 after acquiring an additional 249 shares during the period. eCIO Inc. purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at $104,000. JB Capital LLC increased its position in Vanguard High Dividend Yield ETF by 7.6% during the 4th quarter. JB Capital LLC now owns 13,155 shares of the company’s stock valued at $1,888,000 after purchasing an additional 934 shares during the period. Moseley Investment Management Inc. raised its holdings in Vanguard High Dividend Yield ETF by 10.9% in the 4th quarter. Moseley Investment Management Inc. now owns 14,633 shares of the company’s stock worth $2,100,000 after purchasing an additional 1,435 shares in the last quarter. Finally, Savvy Advisors Inc. raised its holdings in Vanguard High Dividend Yield ETF by 15.6% in the 4th quarter. Savvy Advisors Inc. now owns 21,921 shares of the company’s stock worth $3,146,000 after purchasing an additional 2,959 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $148.11 on Friday. The company has a 50-day moving average price of $151.26 and a 200-day moving average price of $145.89. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $157.29. The stock has a market cap of $72.02 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

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.