Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Commerce Bank

Commerce Bank reduced its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 166,120 shares of the company’s stock after selling 3,229 shares during the quarter. Commerce Bank’s holdings in Vanguard High Dividend Yield ETF were worth $18,544,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Providence Capital Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF in the third quarter worth about $25,000. DiNuzzo Private Wealth Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $25,000. Sachetta LLC purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $26,000. JNBA Financial Advisors purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $33,000. Finally, First United Bank & Trust purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $33,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM traded up $0.44 during trading on Friday, reaching $119.41. The company had a trading volume of 313,645 shares, compared to its average volume of 1,039,605. The firm’s 50-day simple moving average is $118.51 and its 200 day simple moving average is $113.59. The company has a market cap of $54.07 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $121.64.

Vanguard High Dividend Yield ETF Company 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.