Comerica Bank Lowers Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Comerica Bank cut its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) by 3.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 198,185 shares of the company’s stock after selling 7,934 shares during the period. Comerica Bank’s holdings in Vanguard High Dividend Yield ETF were worth $23,978,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $25,000. Sachetta LLC purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $26,000. Central Pacific Bank Trust Division purchased a new position in Vanguard High Dividend Yield ETF in the 1st quarter valued at about $27,000. JNBA Financial Advisors purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $33,000. Finally, First United Bank & Trust purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $33,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock traded down $1.94 during trading on Thursday, reaching $122.39. The company had a trading volume of 547,304 shares, compared to its average volume of 963,855. The company has a market cap of $55.42 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm’s fifty day moving average is $120.10 and its 200-day moving average is $117.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $125.07.

Vanguard High Dividend Yield ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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