First Horizon Corp Trims Stake in Vanguard High Dividend Yield ETF $VYM

First Horizon Corp lessened its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 16.7% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 100,573 shares of the company’s stock after selling 20,162 shares during the period. First Horizon Corp’s holdings in Vanguard High Dividend Yield ETF were worth $14,895,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Asempa Wealth Advisors bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $880,000. Commons Capital LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 32.0% in the 4th quarter. Commons Capital LLC now owns 25,380 shares of the company’s stock valued at $3,642,000 after acquiring an additional 6,154 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in Vanguard High Dividend Yield ETF by 9.2% in the fourth quarter. Concurrent Investment Advisors LLC now owns 180,798 shares of the company’s stock worth $25,948,000 after acquiring an additional 15,173 shares in the last quarter. Martel Wealth Advisors Inc increased its stake in Vanguard High Dividend Yield ETF by 2.5% during the fourth quarter. Martel Wealth Advisors Inc now owns 726,001 shares of the company’s stock worth $104,196,000 after acquiring an additional 17,498 shares during the last quarter. Finally, CGN Advisors LLC increased its stake in Vanguard High Dividend Yield ETF by 23.2% during the fourth quarter. CGN Advisors LLC now owns 21,374 shares of the company’s stock worth $3,068,000 after acquiring an additional 4,027 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM stock opened at $160.55 on Friday. The company has a market cap of $80.23 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1 year low of $132.01 and a 1 year high of $161.46. The stock’s 50 day simple moving average is $158.21 and its two-hundred day simple moving average is $153.08.

About Vanguard High Dividend Yield ETF

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.