Charles Schwab Investment Management Inc. Sells 60,744 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Charles Schwab Investment Management Inc. lessened its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 833,856 shares of the company’s stock after selling 60,744 shares during the period. Charles Schwab Investment Management Inc. owned 0.18% of Vanguard High Dividend Yield ETF worth $106,392,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. FSA Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $26,000. Valley Wealth Managers Inc. boosted its stake in Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after acquiring an additional 192 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth $39,000. Wingate Wealth Advisors Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth $39,000. Finally, Heck Capital Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $45,000.

Vanguard High Dividend Yield ETF Stock Up 1.3 %

NYSEARCA:VYM opened at $131.23 on Friday. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10. The stock’s fifty day simple moving average is $131.40 and its 200-day simple moving average is $129.93. The firm has a market capitalization of $60.22 billion, a P/E ratio of 19.65 and a beta of 0.85.

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.