Burke & Herbert Bank & Trust Co. Increases Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Burke & Herbert Bank & Trust Co. lifted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 10.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,341 shares of the company’s stock after acquiring an additional 1,999 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in Vanguard High Dividend Yield ETF were worth $2,736,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Independence Bank of Kentucky boosted its holdings in shares of Vanguard High Dividend Yield ETF by 0.9% in the 3rd quarter. Independence Bank of Kentucky now owns 8,932 shares of the company’s stock valued at $1,145,000 after purchasing an additional 80 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Vanguard High Dividend Yield ETF by 0.8% in the 3rd quarter. UMB Bank n.a. now owns 10,323 shares of the company’s stock worth $1,323,000 after purchasing an additional 80 shares during the period. Elevated Capital Advisors LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 4.6% in the 3rd quarter. Elevated Capital Advisors LLC now owns 1,833 shares of the company’s stock valued at $235,000 after purchasing an additional 80 shares in the last quarter. FSB Premier Wealth Management Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 3.8% during 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. Finally, Sandbox Financial Partners LLC increased its position in Vanguard High Dividend Yield ETF by 2.0% during 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 in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM stock traded up $0.27 during midday trading on Friday, reaching $129.75. 120,004 shares of the company’s stock traded hands, compared to its average volume of 903,436. Vanguard High Dividend Yield ETF has a fifty-two week low of $98.40 and a fifty-two week high of $131.85. The business has a 50-day moving average price of $127.08 and a two-hundred day moving average price of $122.10. The company has a market capitalization of $58.75 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.