Vanguard High Dividend Yield ETF $VYM Shares Purchased by Summit X LLC

Summit X LLC grew its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 103.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 4,556 shares of the company’s stock after acquiring an additional 2,318 shares during the quarter. Summit X LLC’s holdings in Vanguard High Dividend Yield ETF were worth $607,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Wesbanco Bank Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 205.0% during the 2nd quarter. Wesbanco Bank Inc. now owns 9,912 shares of the company’s stock valued at $1,321,000 after acquiring an additional 6,662 shares during the last quarter. Richards Merrill & Peterson Inc. grew its holdings in Vanguard High Dividend Yield ETF by 8.9% in the second quarter. Richards Merrill & Peterson Inc. now owns 6,552 shares of the company’s stock valued at $873,000 after purchasing an additional 534 shares during the period. LJI Wealth Management LLC grew its holdings in Vanguard High Dividend Yield ETF by 1.6% in the second quarter. LJI Wealth Management LLC now owns 10,199 shares of the company’s stock valued at $1,360,000 after purchasing an additional 163 shares during the period. Sovereign Financial Group Inc. increased its position in Vanguard High Dividend Yield ETF by 4.4% during the second quarter. Sovereign Financial Group Inc. now owns 41,610 shares of the company’s stock worth $5,547,000 after purchasing an additional 1,762 shares during the last quarter. Finally, Wealth Advisory Team LLC purchased a new position in Vanguard High Dividend Yield ETF during the second quarter worth approximately $6,764,000.

Vanguard High Dividend Yield ETF Stock Up 0.5%

Shares of NYSEARCA VYM opened at $140.27 on Friday. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $142.49. The firm has a fifty day moving average of $140.47 and a 200-day moving average of $134.96. The stock has a market capitalization of $65.58 billion, a PE ratio of 17.79 and a beta of 0.79.

About Vanguard High Dividend Yield ETF

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.