Smithfield Trust Co Has $49.37 Million Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Smithfield Trust Co cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 386,972 shares of the company’s stock after selling 6,289 shares during the period. Vanguard High Dividend Yield ETF comprises approximately 2.5% of Smithfield Trust Co’s holdings, making the stock its 11th largest holding. Smithfield Trust Co’s holdings in Vanguard High Dividend Yield ETF were worth $49,366,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FSA Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter worth $26,000. Valley Wealth Managers Inc. lifted its position in 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 worth $32,000 after buying an additional 192 shares in the last quarter. Decker Retirement Planning Inc. bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth about $39,000. Wingate Wealth Advisors Inc. bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth about $39,000. Finally, Heck Capital Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $45,000.

Vanguard High Dividend Yield ETF Trading Down 2.0 %

Shares of VYM stock opened at $129.99 on Wednesday. Vanguard High Dividend Yield ETF has a 1 year low of $114.37 and a 1 year high of $135.10. The firm’s 50 day moving average is $131.31 and its 200-day moving average is $129.84. The firm has a market capitalization of $59.65 billion, a price-to-earnings ratio of 19.65 and a beta of 0.85.

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.