Cypress Wealth Services LLC Sells 2,426 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cypress Wealth Services LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,203 shares of the company’s stock after selling 2,426 shares during the period. Vanguard High Dividend Yield ETF comprises about 1.4% of Cypress Wealth Services LLC’s holdings, making the stock its 18th largest position. Cypress Wealth Services LLC’s holdings in Vanguard High Dividend Yield ETF were worth $5,832,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VYM. International Assets Investment Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at $254,023,000. Pathstone Holdings LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $164,899,000. Sanibel Captiva Trust Company Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $97,395,000. BKM Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $717,000. Finally, Arlington Trust Co LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 456.6% during the fourth quarter. Arlington Trust Co LLC now owns 456,274 shares of the company’s stock valued at $50,934,000 after purchasing an additional 374,301 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.4 %

Shares of VYM traded up $0.53 during trading hours on Friday, reaching $118.84. 473,372 shares of the stock traded hands, compared to its average volume of 989,745. The stock has a fifty day simple moving average of $118.77 and a 200 day simple moving average of $115.95. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $121.64. The company has a market cap of $53.81 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.