Keystone Wealth Services LLC Sells 197 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Keystone Wealth Services LLC lowered its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,572 shares of the company’s stock after selling 197 shares during the period. Keystone Wealth Services LLC’s holdings in Vanguard High Dividend Yield ETF were worth $719,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Vanguard High Dividend Yield ETF by 21.3% in the fourth quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock worth $1,753,157,000 after purchasing an additional 2,409,649 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $921,398,000. LPL Financial LLC boosted its holdings in Vanguard High Dividend Yield ETF by 4.5% in the fourth quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock worth $720,020,000 after purchasing an additional 243,681 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard High Dividend Yield ETF by 152.1% in the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock worth $696,339,000 after purchasing an additional 3,292,948 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Vanguard High Dividend Yield ETF by 9.9% in the fourth quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock worth $639,651,000 after purchasing an additional 452,063 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 1.0%

Shares of VYM stock opened at $130.54 on Monday. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $135.10. The firm’s 50 day moving average is $125.94 and its 200 day moving average is $128.69. The stock has a market capitalization of $59.58 billion, a P/E ratio of 18.75 and a beta of 0.79.

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.