Cedrus LLC Makes New Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cedrus LLC acquired a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,523 shares of the company’s stock, valued at approximately $323,000.

Other institutional investors have also recently modified their holdings of the company. UMB Bank n.a. boosted its holdings in shares of Vanguard High Dividend Yield ETF by 0.8% during the 3rd quarter. UMB Bank n.a. now owns 10,323 shares of the company’s stock valued at $1,323,000 after acquiring an additional 80 shares during the last quarter. Independence Bank of Kentucky boosted its holdings in Vanguard High Dividend Yield ETF by 0.9% in the third quarter. Independence Bank of Kentucky now owns 8,932 shares of the company’s stock worth $1,145,000 after purchasing an additional 80 shares during the last quarter. FSB Premier Wealth Management Inc. grew its position in Vanguard High Dividend Yield ETF by 3.8% in the 2nd quarter. FSB Premier Wealth Management Inc. now owns 2,282 shares of the company’s stock worth $271,000 after purchasing an additional 83 shares during the period. Sandbox Financial Partners LLC grew its position in Vanguard High Dividend Yield ETF by 2.0% in the 3rd quarter. Sandbox Financial Partners LLC now owns 4,317 shares of the company’s stock worth $553,000 after purchasing an additional 84 shares during the period. Finally, Mechanics Bank Trust Department raised its stake in Vanguard High Dividend Yield ETF by 0.4% during the 1st quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock valued at $2,987,000 after buying an additional 88 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $131.43 on Friday. The company has a market cap of $59.51 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The business’s 50-day moving average is $126.54 and its two-hundred day moving average is $121.87. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $131.85.

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.