Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 152.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,457,629 shares of the company’s stock after buying an additional 3,292,948 shares during the quarter. JPMorgan Chase & Co. owned 1.21% of Vanguard High Dividend Yield ETF worth $696,339,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $921,398,000. LPL Financial LLC increased its position in shares of Vanguard High Dividend Yield ETF by 4.5% in the fourth quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock valued at $720,020,000 after buying an additional 243,681 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 8.3% during the 4th 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. Janney Montgomery Scott LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock worth $230,233,000 after buying an additional 19,071 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in Vanguard High Dividend Yield ETF by 13.9% in the 4th quarter. Jones Financial Companies Lllp now owns 1,630,781 shares of the company’s stock valued at $208,071,000 after acquiring an additional 198,882 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 1.0 %

Shares of VYM opened at $127.55 on Friday. The company has a 50-day moving average of $131.55 and a two-hundred day moving average of $130.24. The stock has a market cap of $58.65 billion, a P/E ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were issued a dividend of $0.85 per share. The ex-dividend date was Friday, March 21st.

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.