Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Bought by Davidson Trust Co.

Davidson Trust Co. raised its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 42.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,472 shares of the company’s stock after acquiring an additional 7,867 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 1.9% of Davidson Trust Co.’s portfolio, making the stock its 14th biggest position. Davidson Trust Co.’s holdings in Vanguard High Dividend Yield ETF were worth $2,955,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VYM. Providence Capital Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $25,000. Sunbelt Securities Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at about $32,000. Halpern Financial Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $34,000. BluePath Capital Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at about $39,000. Finally, Fortitude Family Office LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $45,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM traded up $0.73 during midday trading on Friday, hitting $115.70. The company had a trading volume of 357,690 shares, compared to its average volume of 1,137,726. The company’s 50-day simple moving average is $116.90 and its 200-day simple moving average is $110.64. The firm has a market capitalization of $52.39 billion, a P/E ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $121.29.

Vanguard High Dividend Yield ETF Company 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.