Vanguard High Dividend Yield ETF $VYM Position Reduced by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,466,280 shares of the company’s stock after selling 24,180 shares during the quarter. Commonwealth Equity Services LLC owned 0.54% of Vanguard High Dividend Yield ETF worth $328,780,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of VYM. Raymond James Financial Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 1.3% in the 1st quarter. Raymond James Financial Inc. now owns 7,312,162 shares of the company’s stock valued at $942,976,000 after purchasing an additional 90,605 shares during the period. LPL Financial LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 2.1% in the 1st quarter. LPL Financial LLC now owns 5,760,304 shares of the company’s stock valued at $742,849,000 after purchasing an additional 117,074 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 3.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock valued at $622,955,000 after purchasing an additional 149,645 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 10.8% in the 1st quarter. Ameriprise Financial Inc. now owns 3,816,873 shares of the company’s stock valued at $492,413,000 after purchasing an additional 372,066 shares during the period. Finally, Kingstone Capital Partners Texas LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $366,524,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $139.91 on Thursday. The company has a market capitalization of $65.41 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $142.49. The business’s 50-day moving average is $140.44 and its 200-day moving average is $134.68.

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.