Cornerstone Wealth Management LLC Decreases Stake in Vanguard High Dividend Yield ETF (VYM)

Cornerstone Wealth Management LLC lowered its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 12.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,635,771 shares of the company’s stock after selling 238,435 shares during the quarter. Cornerstone Wealth Management LLC owned about 0.64% of Vanguard High Dividend Yield ETF worth $19,965,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of VYM. Polaris Greystone Financial Group LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 152.0% during the 3rd quarter. Polaris Greystone Financial Group LLC now owns 1,182 shares of the company’s stock worth $103,000 after purchasing an additional 713 shares during the period. BerganKDV Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth about $108,000. Signaturefd LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 112.3% during the 2nd quarter. Signaturefd LLC now owns 1,482 shares of the company’s stock worth $123,000 after purchasing an additional 784 shares during the period. Delta Asset Management LLC TN grew its holdings in shares of Vanguard High Dividend Yield ETF by 603.1% during the 2nd quarter. Delta Asset Management LLC TN now owns 1,603 shares of the company’s stock worth $133,000 after purchasing an additional 1,375 shares during the period. Finally, Assetmark Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 104.4% during the 2nd quarter. Assetmark Inc. now owns 1,711 shares of the company’s stock worth $142,000 after purchasing an additional 874 shares during the period.

Shares of NYSEARCA:VYM opened at $84.54 on Friday. Vanguard High Dividend Yield ETF has a 1 year low of $79.78 and a 1 year high of $90.93.

The company also recently announced a quarterly dividend, which was paid on Monday, October 1st. Stockholders of record on Thursday, September 27th were issued a dividend of $0.6718 per share. The ex-dividend date was Wednesday, September 26th. This represents a $2.69 dividend on an annualized basis and a dividend yield of 3.18%. This is a boost from Vanguard High Dividend Yield ETF’s previous quarterly dividend of $0.61.

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Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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