FineMark National Bank & Trust Has $25.23 Million Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

FineMark National Bank & Trust lowered its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 197,718 shares of the company’s stock after selling 1,688 shares during the quarter. Vanguard High Dividend Yield ETF accounts for about 0.9% of FineMark National Bank & Trust’s holdings, making the stock its 23rd biggest position. FineMark National Bank & Trust’s holdings in Vanguard High Dividend Yield ETF were worth $25,227,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of VYM. BSW Wealth Partners grew its stake in Vanguard High Dividend Yield ETF by 1.9% during the fourth quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock valued at $522,000 after acquiring an additional 76 shares in the last quarter. BLB&B Advisors LLC boosted its holdings in Vanguard High Dividend Yield ETF by 5.0% in the 4th quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock valued at $210,000 after purchasing an additional 79 shares during the period. Constant Guidance Financial LLC grew its position in shares of Vanguard High Dividend Yield ETF by 0.7% during the 4th quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock valued at $1,542,000 after purchasing an additional 81 shares in the last quarter. Lynx Investment Advisory increased its holdings in shares of Vanguard High Dividend Yield ETF by 1.1% in the fourth quarter. Lynx Investment Advisory now owns 7,460 shares of the company’s stock worth $952,000 after purchasing an additional 84 shares during the period. Finally, Bogart Wealth LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 1.0% in the fourth quarter. Bogart Wealth LLC now owns 9,140 shares of the company’s stock worth $1,166,000 after purchasing an additional 92 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $129.74 on Tuesday. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10. The stock has a fifty day moving average of $131.66 and a 200 day moving average of $130.20. The firm has a market capitalization of $59.65 billion, a price-to-earnings ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be given a dividend of $0.85 per share. The ex-dividend date of this dividend is 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.