Vanguard High Dividend Yield ETF $VYM Shares Acquired by First PREMIER Bank

First PREMIER Bank raised its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 115.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 93,274 shares of the company’s stock after acquiring an additional 50,021 shares during the quarter. Vanguard High Dividend Yield ETF comprises approximately 2.4% of First PREMIER Bank’s holdings, making the stock its 9th largest position. First PREMIER Bank’s holdings in Vanguard High Dividend Yield ETF were worth $14,740,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Guardian Financial Partners LLC increased its holdings in Vanguard High Dividend Yield ETF by 3.1% during the 2nd quarter. Guardian Financial Partners LLC now owns 53,912 shares of the company’s stock worth $8,520,000 after purchasing an additional 1,627 shares during the period. Independent Financial Group LLC increased its stake in Vanguard High Dividend Yield ETF by 19.6% in the second quarter. Independent Financial Group LLC now owns 77,062 shares of the company’s stock valued at $12,178,000 after purchasing an additional 12,617 shares during the last quarter. Spreng Capital Management Inc. raised its stake in Vanguard High Dividend Yield ETF by 1.7% during the 2nd quarter. Spreng Capital Management Inc. now owns 81,351 shares of the company’s stock worth $12,856,000 after acquiring an additional 1,398 shares in the last quarter. Matrix Asset Advisors Inc. NY increased its position in shares of Vanguard High Dividend Yield ETF by 6.4% during the second quarter. Matrix Asset Advisors Inc. NY now owns 110,817 shares of the company’s stock worth $17,512,000 after purchasing an additional 6,699 shares in the last quarter. Finally, Fifth Third Securities Inc. increased its position in Vanguard High Dividend Yield ETF by 26.6% during the second quarter. Fifth Third Securities Inc. now owns 7,998 shares of the company’s stock worth $1,264,000 after buying an additional 1,680 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $167.03 on Friday. The company has a market cap of $83.47 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12 month low of $136.63 and a 12 month high of $167.61. The company has a fifty day moving average price of $160.89 and a 200 day moving average price of $155.99.

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.