78,425 Shares in Vanguard High Dividend Yield ETF $VYM Acquired by CIBC Bancorp USA Inc.

CIBC Bancorp USA Inc. acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the third quarter, HoldingsChannel reports. The fund acquired 78,425 shares of the company’s stock, valued at approximately $11,054,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VYM. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at $31,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth $39,000. Clayton Financial Group LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth $41,000. Hemington Wealth Management acquired a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter worth $42,000. Finally, Chilton Capital Management LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 72.3% during the third quarter. Chilton Capital Management LLC now owns 305 shares of the company’s stock worth $43,000 after purchasing an additional 128 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $147.51 on Friday. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $157.29. The firm has a market capitalization of $70.89 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The business’s 50-day moving average price is $151.46 and its two-hundred day moving average price is $145.31.

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.