Truist Financial Corp Trims Stock Position in Vanguard High Dividend Yield ETF $VYM

Truist Financial Corp reduced its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 930,504 shares of the company’s stock after selling 27,332 shares during the quarter. Truist Financial Corp owned 0.20% of Vanguard High Dividend Yield ETF worth $124,046,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Atwood & Palmer Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth $26,000. Stone House Investment Management LLC purchased a new position in Vanguard High Dividend Yield ETF during the 1st quarter worth $27,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth $27,000. Financial Management Professionals Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at about $31,000. Finally, Strategic Investment Solutions Inc. IL boosted its holdings in shares of Vanguard High Dividend Yield ETF by 92.0% in the second quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $35,000 after acquiring an additional 126 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.3%

NYSEARCA VYM opened at $140.95 on Wednesday. The stock has a market capitalization of $64.57 billion, a P/E ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $142.17. The firm has a 50-day moving average price of $138.22 and a 200 day moving average price of $131.67.

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.