Bell Bank Buys 437,527 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Bell Bank grew its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 169.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 696,473 shares of the company’s stock after acquiring an additional 437,527 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 6.6% of Bell Bank’s portfolio, making the stock its 3rd biggest position. Bell Bank’s holdings in Vanguard High Dividend Yield ETF were worth $88,863,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. FSA Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at $26,000. Valley Wealth Managers Inc. grew its holdings in Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after purchasing an additional 192 shares during the period. Decker Retirement Planning Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $39,000. Wingate Wealth Advisors Inc. bought a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $39,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $45,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $133.32 on Friday. The stock’s 50 day simple moving average is $130.76 and its 200 day simple moving average is $129.14. The company has a market cap of $60.37 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a fifty-two week low of $114.37 and a fifty-two week high of $135.10.

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.