Cyrus J. Lawrence LLC Takes Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cyrus J. Lawrence LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,701 shares of the company’s stock, valued at approximately $217,000.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after purchasing an additional 9,363 shares in the last quarter. World Investment Advisors LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 451.3% in the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after purchasing an additional 18,778 shares in the last quarter. Semmax Financial Advisors Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 3.2% during the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after acquiring an additional 1,171 shares during the period. Proficio Capital Partners LLC bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth $2,588,000. Finally, Bank of New York Mellon Corp lifted its holdings in Vanguard High Dividend Yield ETF by 1.3% during the fourth quarter. Bank of New York Mellon Corp now owns 114,629 shares of the company’s stock worth $14,626,000 after acquiring an additional 1,496 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 1.1 %

Shares of Vanguard High Dividend Yield ETF stock opened at $128.40 on Friday. The business’s fifty day simple moving average is $131.61 and its 200 day simple moving average is $130.10. The firm has a market capitalization of $59.04 billion, a P/E ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be issued a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, March 21st.

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.