Sara Bay Financial Acquires 2,621 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Sara Bay Financial lifted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 45.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,374 shares of the company’s stock after purchasing an additional 2,621 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 0.4% of Sara Bay Financial’s investment portfolio, making the stock its 26th biggest holding. Sara Bay Financial’s holdings in Vanguard High Dividend Yield ETF were worth $993,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Central Pacific Bank Trust Division bought a new stake in Vanguard High Dividend Yield ETF during the first quarter worth $27,000. DiNuzzo Private Wealth Inc. bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth $25,000. Sachetta LLC bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth $26,000. First United Bank & Trust bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth $33,000. Finally, JNBA Financial Advisors bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth $33,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM traded up $0.77 on Monday, hitting $124.49. 617,706 shares of the stock were exchanged, compared to its average volume of 957,353. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $125.07. The company has a market capitalization of $56.37 billion, a PE ratio of 15.88 and a beta of 0.70. The business’s fifty day moving average is $120.53 and its 200 day moving average is $118.48.

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.