Cornerstone Wealth Management LLC Decreases Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cornerstone Wealth Management LLC lowered its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 9,092 shares of the company’s stock after selling 151 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $1,100,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in VYM. Mechanics Bank Trust Department lifted its position in Vanguard High Dividend Yield ETF by 0.4% during the first quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock valued at $2,987,000 after purchasing an additional 88 shares during the period. ADE LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 1.7% during the 4th quarter. ADE LLC now owns 5,347 shares of the company’s stock valued at $597,000 after buying an additional 90 shares during the period. SOA Wealth Advisors LLC. boosted its stake in shares of Vanguard High Dividend Yield ETF by 2.1% in the 4th quarter. SOA Wealth Advisors LLC. now owns 4,594 shares of the company’s stock worth $513,000 after buying an additional 94 shares during the last quarter. Mather Group LLC. boosted its stake in shares of Vanguard High Dividend Yield ETF by 0.8% in the 1st quarter. Mather Group LLC. now owns 12,406 shares of the company’s stock worth $1,385,000 after buying an additional 95 shares during the last quarter. Finally, Red Door Wealth Management LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 0.9% in the fourth quarter. Red Door Wealth Management LLC now owns 11,299 shares of the company’s stock worth $1,261,000 after acquiring an additional 97 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $118.87 on Friday. The stock has a market cap of $53.82 billion, a PE ratio of 15.88 and a beta of 0.70. The stock has a fifty day moving average of $118.96 and a 200 day moving average of $116.24. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $121.64.

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.