Chapin Davis Inc. Sells 3,570 Shares of Vanguard High Dividend Yield ETF $VYM

Chapin Davis Inc. cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 69.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,555 shares of the company’s stock after selling 3,570 shares during the quarter. Chapin Davis Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $241,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VYM. Hardin Capital Partners LLC raised its holdings in Vanguard High Dividend Yield ETF by 243.6% in the third quarter. Hardin Capital Partners LLC now owns 4,807 shares of the company’s stock worth $746,000 after purchasing an additional 3,408 shares in the last quarter. Inspirion Wealth Advisors LLC increased its position in shares of Vanguard High Dividend Yield ETF by 5.9% during the 3rd quarter. Inspirion Wealth Advisors LLC now owns 668,825 shares of the company’s stock valued at $103,802,000 after purchasing an additional 37,024 shares during the last quarter. LifeGoal Investments LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at $6,572,000. ACT Wealth Management LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 1.4% during the 3rd quarter. ACT Wealth Management LLC now owns 274,034 shares of the company’s stock valued at $42,530,000 after acquiring an additional 3,660 shares during the last quarter. Finally, First Heartland Consultants Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 4.7% during the 3rd quarter. First Heartland Consultants Inc. now owns 3,839 shares of the company’s stock valued at $596,000 after acquiring an additional 174 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $158.75 on Friday. The stock’s fifty day moving average price is $162.08 and its 200 day moving average price is $158.56. The company has a market cap of $80.80 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1 year low of $137.42 and a 1 year high of $167.61.

Vanguard High Dividend Yield ETF Profile

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.