Busey Bank Has $5.86 Million Stake in Vanguard High Dividend Yield ETF $VYM

Busey Bank reduced its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 15.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 39,545 shares of the company’s stock after selling 7,026 shares during the quarter. Busey Bank’s holdings in Vanguard High Dividend Yield ETF were worth $5,857,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in VYM. PayPay Securities Corp grew its stake in Vanguard High Dividend Yield ETF by 75.8% in the 1st quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after buying an additional 75 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $25,000. Dorato Capital Management acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $30,000. LRI Investments LLC lifted its position in Vanguard High Dividend Yield ETF by 400.0% during the fourth quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after acquiring an additional 200 shares during the last quarter. Finally, Resources Management Corp CT ADV bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $40,000.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $159.48 on Monday. Vanguard High Dividend Yield ETF has a 12 month low of $132.01 and a 12 month high of $161.46. The stock’s 50 day moving average is $157.78 and its 200-day moving average is $152.62. The company has a market capitalization of $78.94 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

About Vanguard High Dividend Yield ETF

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.