Carmichael Hill & Associates Inc. trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 6,866 shares of the company’s stock after selling 181 shares during the quarter. Carmichael Hill & Associates Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $588,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Burke & Herbert Bank & Trust Co. grew its stake in Vanguard High Dividend Yield ETF by 1.4% during the first quarter. Burke & Herbert Bank & Trust Co. now owns 8,471 shares of the company’s stock worth $726,000 after buying an additional 116 shares during the last quarter. Liberty Wealth Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 8.8% in the first quarter. Liberty Wealth Management LLC now owns 1,535 shares of the company’s stock valued at $131,000 after acquiring an additional 124 shares during the last quarter. Legacy Advisors LLC boosted its stake in Vanguard High Dividend Yield ETF by 1.6% in the fourth quarter. Legacy Advisors LLC now owns 8,356 shares of the company’s stock valued at $652,000 after acquiring an additional 129 shares during the last quarter. Tower View Investment Management & Research LLC boosted its stake in Vanguard High Dividend Yield ETF by 0.9% in the fourth quarter. Tower View Investment Management & Research LLC now owns 14,992 shares of the company’s stock valued at $1,169,000 after acquiring an additional 131 shares during the last quarter. Finally, Courier Capital LLC boosted its stake in Vanguard High Dividend Yield ETF by 1.2% in the fourth quarter. Courier Capital LLC now owns 12,079 shares of the company’s stock valued at $942,000 after acquiring an additional 145 shares during the last quarter.

VYM stock traded up $0.46 during midday trading on Tuesday, reaching $88.05. The company’s stock had a trading volume of 1,106,715 shares, compared to its average volume of 1,255,909. Vanguard High Dividend Yield ETF has a 52 week low of $73.18 and a 52 week high of $89.47.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Tuesday, March 26th were paid a $0.6516 dividend. The ex-dividend date was Monday, March 25th. This represents a $2.61 dividend on an annualized basis and a yield of 2.96%.

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

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