Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 894,600 shares of the company’s stock after selling 112,368 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $114,688,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 4.6% in the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock valued at $619,528,000 after acquiring an additional 228,580 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard High Dividend Yield ETF by 1.2% in the second quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock valued at $593,076,000 after purchasing an additional 59,826 shares during the period. Vanguard Group Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock valued at $392,788,000 after purchasing an additional 16,021 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in Vanguard High Dividend Yield ETF by 7.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after purchasing an additional 153,146 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 1.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after buying an additional 36,239 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $134.41 on Tuesday. Vanguard High Dividend Yield ETF has a 12 month low of $105.37 and a 12 month high of $134.98. The stock has a market capitalization of $60.86 billion, a P/E ratio of 15.88 and a beta of 0.70. The business has a 50 day simple moving average of $129.59 and a 200-day simple moving average of $124.30.

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.