Peapack Gladstone Financial Corp Trims Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Peapack Gladstone Financial Corp reduced its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,286 shares of the company’s stock after selling 3,745 shares during the period. Peapack Gladstone Financial Corp’s holdings in Vanguard High Dividend Yield ETF were worth $13,561,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of VYM. Raymond James Financial Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $921,398,000. JPMorgan Chase & Co. lifted its stake in shares of Vanguard High Dividend Yield ETF by 152.1% during the 4th quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock worth $696,339,000 after purchasing an additional 3,292,948 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $77,577,000. Wells Fargo & Company MN grew its position in shares of Vanguard High Dividend Yield ETF by 9.9% in the fourth quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock valued at $639,651,000 after purchasing an additional 452,063 shares during the period. Finally, Bell Bank increased its stake in Vanguard High Dividend Yield ETF by 169.0% in the fourth quarter. Bell Bank now owns 696,473 shares of the company’s stock valued at $88,863,000 after purchasing an additional 437,527 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 5.7 %

NYSEARCA VYM opened at $117.03 on Monday. The company has a market capitalization of $53.84 billion, a PE ratio of 18.76 and a beta of 0.79. The business’s 50-day moving average price is $130.86 and its 200 day moving average price is $130.31. Vanguard High Dividend Yield ETF has a twelve month low of $112.38 and a twelve 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. Investors of record on Friday, March 21st were issued a $0.85 dividend. 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.