CENTRAL TRUST Co Reduces Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

CENTRAL TRUST Co cut its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 17.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 131,037 shares of the company’s stock after selling 27,548 shares during the quarter. CENTRAL TRUST Co’s holdings in Vanguard High Dividend Yield ETF were worth $16,899,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $921,398,000. JPMorgan Chase & Co. lifted its position in Vanguard High Dividend Yield ETF by 152.1% during the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock valued at $696,339,000 after buying an additional 3,292,948 shares in the last quarter. Bank of America Corp DE lifted its position in Vanguard High Dividend Yield ETF by 21.3% during the fourth quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock valued at $1,753,157,000 after buying an additional 2,409,649 shares in the last quarter. Wellspring Financial Advisors LLC lifted its position in Vanguard High Dividend Yield ETF by 29.3% during the fourth quarter. Wellspring Financial Advisors LLC now owns 2,968,984 shares of the company’s stock valued at $378,813,000 after buying an additional 672,757 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $77,577,000.

Vanguard High Dividend Yield ETF Trading Up 0.5%

NYSEARCA VYM opened at $131.25 on Tuesday. The company’s fifty day simple moving average is $126.27 and its 200-day simple moving average is $128.67. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $135.10. The stock has a market cap of $59.90 billion, a P/E ratio of 18.75 and a beta of 0.79.

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.