Jacobi Capital Management LLC Decreases Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Jacobi Capital Management LLC trimmed its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,996 shares of the company’s stock after selling 190 shares during the quarter. Jacobi Capital Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $484,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of VYM. Mechanics Bank Trust Department raised its position in shares of Vanguard High Dividend Yield ETF by 0.4% during the 1st quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock valued at $2,987,000 after buying an additional 88 shares during the period. KFA Private Wealth Group LLC raised its position in shares of Vanguard High Dividend Yield ETF by 4.7% during the 1st quarter. KFA Private Wealth Group LLC now owns 1,966 shares of the company’s stock valued at $238,000 after buying an additional 89 shares during the period. ADE LLC raised its position in shares of Vanguard High Dividend Yield ETF by 1.7% during the 4th quarter. ADE LLC now owns 5,347 shares of the company’s stock valued at $597,000 after buying an additional 90 shares during the period. Warner Financial Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 0.4% during the 1st quarter. Warner Financial Inc. now owns 21,923 shares of the company’s stock valued at $2,652,000 after buying an additional 90 shares during the period. Finally, Retirement Planning Co of New England Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 1.2% during the 1st quarter. Retirement Planning Co of New England Inc. now owns 7,767 shares of the company’s stock valued at $940,000 after buying an additional 94 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock traded down $0.68 during trading on Tuesday, hitting $122.25. 243,278 shares of the stock traded hands, compared to its average volume of 964,430. The firm has a market capitalization of $55.35 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm’s fifty day moving average price is $119.83 and its 200-day moving average price is $117.19. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $125.04.

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.