The American Stock Exchange (Amex) announced today that it has launched trading in the Vanguard High Dividend Yield ETF (VYM).
"Vanguard is a respected leader in providing investors with innovative and efficient products. The American Stock Exchange is pleased to have been selected to list this new ETF." said Cliff Weber, Senior Vice President of the ETF Marketplace. "The Amex takes great pride in supporting all of Vanguard's 27 ETF listings on the Exchange."
The Vanguard High Dividend Yield ETF seeks to track the performance of the FTSE High Dividend Yield Index, a new custom benchmark index consisting of U.S. stocks that have had higher-than-average dividend yields. The stocks are selected from the U.S. component of the FTSE Global Equity Index Series.
The specialist trading VYM is LaBranche Structured Products, LLC.
About American Stock Exchange
The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 208 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit www.amex.com
