Linscomb Wealth Inc. Decreases Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Linscomb Wealth Inc. reduced its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 97,918 shares of the company’s stock after selling 1,952 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 0.6% of Linscomb Wealth Inc.’s holdings, making the stock its 25th largest position. Linscomb Wealth Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $11,613,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of VYM. Pathstone Holdings LLC purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth about $164,899,000. Cetera Investment Advisers grew its position in shares of Vanguard High Dividend Yield ETF by 579.6% during the 1st quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock valued at $192,241,000 after acquiring an additional 1,355,103 shares during the period. Sanibel Captiva Trust Company Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $97,395,000. Mesirow Financial Investment Management Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $66,489,000. Finally, Stifel Financial Corp lifted its stake in Vanguard High Dividend Yield ETF by 27.4% in the fourth quarter. Stifel Financial Corp now owns 1,679,356 shares of the company’s stock valued at $187,468,000 after purchasing an additional 360,761 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.1 %

Shares of NYSEARCA VYM opened at $124.27 on Wednesday. The stock has a fifty day simple moving average of $122.67 and a two-hundred day simple moving average of $119.89. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $127.50. The firm has a market cap of $56.27 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.