Lane & Associates LLC Raises Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Lane & Associates LLC increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.9% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 31,926 shares of the company’s stock after purchasing an additional 1,478 shares during the period. Vanguard High Dividend Yield ETF accounts for 2.2% of Lane & Associates LLC’s investment portfolio, making the stock its 11th largest position. Lane & Associates LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,786,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Chris Bulman Inc purchased a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter worth about $26,000. Central Pacific Bank Trust Division purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at about $27,000. Sachetta LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $26,000. First United Bank & Trust purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $33,000. Finally, JNBA Financial Advisors purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $33,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM traded up $0.67 on Monday, hitting $123.75. The company’s stock had a trading volume of 107,367 shares, compared to its average volume of 937,462. The company has a 50-day simple moving average of $122.44 and a 200 day simple moving average of $119.76. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $127.50. The company has a market capitalization of $56.03 billion, a PE ratio of 15.88 and a beta of 0.70.

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.