Royal Bank of Canada Lowers Holdings in Vanguard High Dividend Yield ETF $VYM

Royal Bank of Canada decreased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.4% in the first quarter, Holdings Channel reports. The institutional investor owned 2,395,589 shares of the company’s stock after selling 10,261 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard High Dividend Yield ETF were worth $308,936,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Betterment LLC raised its stake in Vanguard High Dividend Yield ETF by 1.5% during the first quarter. Betterment LLC now owns 22,638 shares of the company’s stock valued at $2,919,000 after buying an additional 337 shares during the last quarter. Calton & Associates Inc. purchased a new position in Vanguard High Dividend Yield ETF during the first quarter valued at $257,000. FRG Family Wealth Advisors LLC raised its stake in Vanguard High Dividend Yield ETF by 19.1% during the first quarter. FRG Family Wealth Advisors LLC now owns 30,023 shares of the company’s stock valued at $3,872,000 after buying an additional 4,805 shares during the last quarter. Hayek Kallen Investment Management raised its stake in Vanguard High Dividend Yield ETF by 1.6% during the first quarter. Hayek Kallen Investment Management now owns 19,279 shares of the company’s stock valued at $2,486,000 after buying an additional 295 shares during the last quarter. Finally, Titleist Asset Management LLC raised its stake in Vanguard High Dividend Yield ETF by 7.1% during the first quarter. Titleist Asset Management LLC now owns 6,644 shares of the company’s stock valued at $857,000 after buying an additional 442 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.1%

Shares of NYSEARCA:VYM opened at $139.18 on Monday. The stock has a fifty day simple moving average of $135.48 and a two-hundred day simple moving average of $130.33. The stock has a market capitalization of $63.76 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $139.65.

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.