Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Golden State Wealth Management LLC

Golden State Wealth Management LLC cut its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,132 shares of the company’s stock after selling 353 shares during the period. Golden State Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $533,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of Vanguard High Dividend Yield ETF by 21.3% during the fourth quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock worth $1,753,157,000 after purchasing an additional 2,409,649 shares during the period. LPL Financial LLC grew its position in Vanguard High Dividend Yield ETF by 4.5% in the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock valued at $720,020,000 after buying an additional 243,681 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vanguard High Dividend Yield ETF by 152.1% during the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock valued at $696,339,000 after acquiring an additional 3,292,948 shares during the period. Wells Fargo & Company MN raised its stake in shares of Vanguard High Dividend Yield ETF by 9.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock worth $639,651,000 after buying an additional 452,063 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 3.1% in the 4th quarter. Ameriprise Financial Inc. now owns 3,444,807 shares of the company’s stock valued at $439,500,000 after acquiring an additional 103,951 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $135.81 on Friday. The stock has a market capitalization of $62.23 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The company has a 50 day moving average price of $129.32 and a 200 day moving average price of $128.73. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $135.96.

Vanguard High Dividend Yield ETF Company Profile

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.