Beacon Bank & Trust Takes $11.45 Million Position in Vanguard High Dividend Yield ETF $VYM

Beacon Bank & Trust purchased a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the first quarter, Holdings Channel.com reports. The firm purchased 77,292 shares of the company’s stock, valued at approximately $11,447,000. Vanguard High Dividend Yield ETF accounts for approximately 2.3% of Beacon Bank & Trust’s investment portfolio, making the stock its 11th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ballast Advisors LLC boosted its stake in Vanguard High Dividend Yield ETF by 8.2% during the fourth quarter. Ballast Advisors LLC now owns 868 shares of the company’s stock valued at $125,000 after buying an additional 66 shares during the period. Blue Trust Inc. increased its stake in Vanguard High Dividend Yield ETF by 2.7% in the 1st quarter. Blue Trust Inc. now owns 2,513 shares of the company’s stock worth $372,000 after acquiring an additional 66 shares during the last quarter. Columbus Macro LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 0.6% in the 4th quarter. Columbus Macro LLC now owns 10,938 shares of the company’s stock valued at $1,570,000 after acquiring an additional 70 shares in the last quarter. Sage Financial Group Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 2.1% in the 3rd quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock valued at $505,000 after acquiring an additional 72 shares in the last quarter. Finally, L.K. Benson & Company P.C. boosted its position in shares of Vanguard High Dividend Yield ETF by 2.4% during the 4th quarter. L.K. Benson & Company P.C. now owns 3,053 shares of the company’s stock valued at $438,000 after acquiring an additional 72 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.4%

Shares of NYSEARCA VYM opened at $160.14 on Tuesday. Vanguard High Dividend Yield ETF has a 12 month low of $132.01 and a 12 month high of $161.46. The firm has a market capitalization of $79.27 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The business has a 50-day moving average of $157.78 and a 200-day moving average of $152.62.

Vanguard High Dividend Yield ETF Company Profile

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.