CoreFirst Bank & Trust Makes New Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

CoreFirst Bank & Trust acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 41,504 shares of the company’s stock, valued at approximately $5,295,000. Vanguard High Dividend Yield ETF accounts for approximately 3.1% of CoreFirst Bank & Trust’s portfolio, making the stock its 5th biggest holding.

A number of other hedge funds have also modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth $921,398,000. LPL Financial LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 4.5% during the fourth quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock worth $720,020,000 after buying an additional 243,681 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 8.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,343,545 shares of the company’s stock worth $299,013,000 after buying an additional 179,703 shares during the last quarter. JPMorgan Chase & Co. increased its position in Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after acquiring an additional 9,363 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in Vanguard High Dividend Yield ETF by 6.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after acquiring an additional 121,099 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 1.1 %

Vanguard High Dividend Yield ETF stock opened at $128.40 on Monday. The stock has a market capitalization of $59.04 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83. The stock has a 50 day moving average of $131.61 and a two-hundred day moving average of $130.16. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be given a $0.85 dividend. The ex-dividend date is Friday, March 21st.

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.