Davidson Trust Co. Increases Holdings in Vanguard High Dividend Yield ETF $VYM

Davidson Trust Co. grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 25,385 shares of the company’s stock after purchasing an additional 1,231 shares during the quarter. Vanguard High Dividend Yield ETF comprises 1.6% of Davidson Trust Co.’s holdings, making the stock its 14th biggest position. Davidson Trust Co.’s holdings in Vanguard High Dividend Yield ETF were worth $3,384,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of VYM. Atwood & Palmer Inc. bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $26,000. Moisand Fitzgerald Tamayo LLC bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $27,000. Stone House Investment Management LLC bought a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth about $27,000. Financial Management Professionals Inc. bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $31,000. Finally, Kiker Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $35,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $140.53 on Wednesday. The stock has a market cap of $65.70 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The firm’s 50-day moving average is $139.25 and its 200 day moving average is $132.45. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $142.22.

About Vanguard High Dividend Yield ETF

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.