Linscomb Wealth Inc. Sells 2,575 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Linscomb Wealth Inc. decreased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 95,343 shares of the company’s stock after selling 2,575 shares during the period. Vanguard High Dividend Yield ETF makes up about 0.6% of Linscomb Wealth Inc.’s holdings, making the stock its 28th largest holding. Linscomb Wealth Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $12,223,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Black Diamond Financial LLC boosted its stake in Vanguard High Dividend Yield ETF by 8.8% during the third quarter. Black Diamond Financial LLC now owns 3,892 shares of the company’s stock valued at $499,000 after buying an additional 315 shares during the period. Balboa Wealth Partners boosted its stake in Vanguard High Dividend Yield ETF by 10.0% during the third quarter. Balboa Wealth Partners now owns 4,958 shares of the company’s stock valued at $636,000 after buying an additional 449 shares during the period. Ferguson Wellman Capital Management Inc. boosted its stake in Vanguard High Dividend Yield ETF by 18.3% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 5,387 shares of the company’s stock valued at $691,000 after buying an additional 832 shares during the period. Unionview LLC bought a new stake in Vanguard High Dividend Yield ETF during the third quarter valued at $210,000. Finally, Main Street Financial Solutions LLC boosted its stake in Vanguard High Dividend Yield ETF by 4.5% during the third quarter. Main Street Financial Solutions LLC now owns 14,009 shares of the company’s stock valued at $1,796,000 after buying an additional 604 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 0.3 %

NYSEARCA:VYM traded down $0.41 during trading hours on Friday, hitting $130.72. 166,226 shares of the company’s stock traded hands, compared to its average volume of 899,982. The business’s fifty day simple moving average is $128.59 and its two-hundred day simple moving average is $123.51. Vanguard High Dividend Yield ETF has a 52 week low of $104.23 and a 52 week high of $133.45. The firm has a market cap of $59.19 billion, a P/E 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.