City State Bank Raises Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

City State Bank lifted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,282 shares of the company’s stock after purchasing an additional 1,745 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 2.3% of City State Bank’s holdings, making the stock its 10th biggest position. City State Bank’s holdings in Vanguard High Dividend Yield ETF were worth $6,318,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of VYM. Matrix Asset Advisors Inc. NY raised its position in shares of Vanguard High Dividend Yield ETF by 9.2% in the third quarter. Matrix Asset Advisors Inc. NY now owns 65,726 shares of the company’s stock valued at $8,426,000 after purchasing an additional 5,527 shares during the period. Mechanics Bank Trust Department increased its position in Vanguard High Dividend Yield ETF by 1.1% in the 3rd quarter. Mechanics Bank Trust Department now owns 24,660 shares of the company’s stock worth $3,161,000 after buying an additional 265 shares during the period. HCR Wealth Advisors boosted its position in shares of Vanguard High Dividend Yield ETF by 1.2% in the third quarter. HCR Wealth Advisors now owns 558,839 shares of the company’s stock valued at $71,643,000 after acquiring an additional 6,856 shares during the period. Silverlake Wealth Management LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 1.8% in the third quarter. Silverlake Wealth Management LLC now owns 26,387 shares of the company’s stock worth $3,383,000 after acquiring an additional 467 shares during the last quarter. Finally, Octavia Wealth Advisors LLC raised its stake in Vanguard High Dividend Yield ETF by 1.6% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 71,819 shares of the company’s stock valued at $9,207,000 after purchasing an additional 1,151 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $130.11 on Friday. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $130.24. The company has a market cap of $58.91 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm’s 50-day moving average is $125.34 and its 200-day moving average is $121.51.

Vanguard High Dividend Yield ETF 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.