Capital Group Private Client Services Inc. Cuts Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Capital Group Private Client Services Inc. reduced its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 15.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,731 shares of the company’s stock after selling 1,894 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,298,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Blackston Financial Advisory Group LLC purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at $6,776,000. Highland Financial Advisors LLC grew its position in shares of Vanguard High Dividend Yield ETF by 10.6% during the fourth quarter. Highland Financial Advisors LLC now owns 252,206 shares of the company’s stock worth $28,154,000 after buying an additional 24,094 shares in the last quarter. Cresset Asset Management LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 6.2% during the fourth quarter. Cresset Asset Management LLC now owns 106,796 shares of the company’s stock worth $11,922,000 after buying an additional 6,242 shares during the period. NBC Securities Inc. raised its holdings in Vanguard High Dividend Yield ETF by 19.6% in the first quarter. NBC Securities Inc. now owns 12,631 shares of the company’s stock valued at $1,528,000 after acquiring an additional 2,074 shares in the last quarter. Finally, Davidson Trust Co. lifted its stake in Vanguard High Dividend Yield ETF by 42.3% in the fourth quarter. Davidson Trust Co. now owns 26,472 shares of the company’s stock worth $2,955,000 after acquiring an additional 7,867 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM traded up $1.52 during trading hours on Friday, reaching $123.57. The stock had a trading volume of 962,186 shares, compared to its average volume of 967,212. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $125.04. The firm’s 50 day moving average is $119.93 and its 200-day moving average is $117.41. The stock has a market capitalization of $55.95 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF 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.