Smithfield Trust Co Sells 7,791 Shares of Vanguard High Dividend Yield ETF $VYM

Smithfield Trust Co lessened its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 395,220 shares of the company’s stock after selling 7,791 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 2.5% of Smithfield Trust Co’s portfolio, making the stock its 11th largest holding. Smithfield Trust Co’s holdings in Vanguard High Dividend Yield ETF were worth $55,702,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Gallagher Fiduciary Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 12,273.0% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock valued at $1,064,039,000 after purchasing an additional 7,917,178 shares in the last quarter. Raymond James Financial Inc. increased its position in Vanguard High Dividend Yield ETF by 2.4% during the second quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock worth $998,634,000 after buying an additional 178,904 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard High Dividend Yield ETF by 3.3% during the second quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock worth $622,955,000 after buying an additional 149,645 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Vanguard High Dividend Yield ETF by 3.6% during the second quarter. Ameriprise Financial Inc. now owns 3,955,135 shares of the company’s stock valued at $527,659,000 after buying an additional 138,262 shares in the last quarter. Finally, Wellspring Financial Advisors LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 0.6% in the second quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock worth $371,656,000 after buying an additional 15,677 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $155.37 on Monday. The company has a market cap of $74.67 billion, a PE ratio of 17.79 and a beta of 0.79. The stock has a 50-day moving average of $147.90 and a 200-day moving average of $142.76. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $157.29.

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.