Davidson Trust Co. Increases Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Davidson Trust Co. lifted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 42.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,472 shares of the company’s stock after purchasing an additional 7,867 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 1.9% of Davidson Trust Co.’s investment portfolio, making the stock its 14th largest 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.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Providence Capital Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the third quarter valued at $25,000. Halpern Financial Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at $34,000. Sunbelt Securities Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF in the first quarter valued at $32,000. BluePath Capital Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the third quarter valued at $39,000. Finally, Fortitude Family Office LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at $45,000.

Vanguard High Dividend Yield ETF Stock Up 0.6 %

VYM traded up $0.73 during trading on Friday, reaching $115.70. The company had a trading volume of 357,690 shares, compared to its average volume of 1,137,726. The stock has a market cap of $52.39 billion, a P/E ratio of 15.82 and a beta of 0.73. The business has a 50 day simple moving average of $116.90 and a 200-day simple moving average of $110.64. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week 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.