Sanibel Captiva Trust Company Inc. Buys 20,170 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Sanibel Captiva Trust Company Inc. lifted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 817,056 shares of the company’s stock after purchasing an additional 20,170 shares during the period. Vanguard High Dividend Yield ETF comprises 3.4% of Sanibel Captiva Trust Company Inc.’s investment portfolio, making the stock its 3rd biggest position. Sanibel Captiva Trust Company Inc. owned about 0.18% of Vanguard High Dividend Yield ETF worth $105,368,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE increased its stake in shares of Vanguard High Dividend Yield ETF by 21.3% in the 4th quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock worth $1,753,157,000 after acquiring an additional 2,409,649 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $921,398,000. LPL Financial LLC boosted its holdings in Vanguard High Dividend Yield ETF by 4.5% in the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock valued at $720,020,000 after purchasing an additional 243,681 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard High Dividend Yield ETF by 152.1% in the 4th quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock valued at $696,339,000 after purchasing an additional 3,292,948 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Vanguard High Dividend Yield ETF by 9.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock valued at $639,651,000 after buying an additional 452,063 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $130.46 on Tuesday. The company has a market capitalization of $59.54 billion, a P/E ratio of 18.75 and a beta of 0.79. The company has a 50 day simple moving average of $124.89 and a 200-day simple moving average of $128.78. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $135.10.

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.