Ames National Corp Purchases New Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Ames National Corp acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,400 shares of the company’s stock, valued at approximately $434,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $921,398,000. JPMorgan Chase & Co. lifted its stake in Vanguard High Dividend Yield ETF by 152.1% in the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock worth $696,339,000 after acquiring an additional 3,292,948 shares during the period. Bank of America Corp DE grew its holdings in Vanguard High Dividend Yield ETF by 21.3% during the 4th quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock worth $1,753,157,000 after acquiring an additional 2,409,649 shares in the last quarter. Wellspring Financial Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 29.3% during the 4th quarter. Wellspring Financial Advisors LLC now owns 2,968,984 shares of the company’s stock valued at $378,813,000 after purchasing an additional 672,757 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $77,577,000.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $130.10 on Wednesday. The business’s 50-day moving average is $124.95 and its two-hundred day moving average is $129.03. The firm has a market capitalization of $59.44 billion, a PE ratio of 18.71 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $135.10.

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.