Summit Trail Advisors LLC Boosts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Summit Trail Advisors LLC boosted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,409 shares of the company’s stock after acquiring an additional 115 shares during the quarter. Summit Trail Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $693,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VYM. Cetera Investment Advisers increased its position in shares of Vanguard High Dividend Yield ETF by 579.6% during the first quarter. Cetera Investment Advisers now owns 1,588,902 shares of the company’s stock worth $192,241,000 after acquiring an additional 1,355,103 shares during the period. Mesirow Financial Investment Management Inc. increased its holdings in Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after purchasing an additional 552,003 shares during the period. Accredited Investors Inc. increased its holdings in Vanguard High Dividend Yield ETF by 18,516.9% during the 3rd quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock worth $51,242,000 after purchasing an additional 397,558 shares during the period. Strategic Financial Concepts LLC raised its position in Vanguard High Dividend Yield ETF by 6,282.8% in the 2nd quarter. Strategic Financial Concepts LLC now owns 365,925 shares of the company’s stock valued at $43,399,000 after purchasing an additional 360,192 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $27,104,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $134.41 on Tuesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $105.37 and a fifty-two week high of $134.98. The company’s 50 day moving average price is $129.59 and its 200 day moving average price is $124.30. The firm has a market capitalization of $60.86 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.