Bell Bank Acquires 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 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 696,473 shares of the company’s stock after purchasing an additional 437,527 shares during the quarter. Vanguard High Dividend Yield ETF comprises about 6.6% of Bell Bank’s portfolio, making the stock its 3rd biggest holding. Bell Bank owned about 0.15% of Vanguard High Dividend Yield ETF worth $88,863,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in shares of Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after buying an additional 9,363 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after purchasing an additional 121,099 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in Vanguard High Dividend Yield ETF by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock valued at $230,233,000 after purchasing an additional 19,071 shares during the period. Mesirow Financial Investment Management Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 101.2% in the third quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after buying an additional 552,003 shares during the period. Finally, Joel Isaacson & Co. LLC increased its stake in Vanguard High Dividend Yield ETF by 3.0% during the 4th quarter. Joel Isaacson & Co. LLC now owns 922,665 shares of the company’s stock worth $117,723,000 after acquiring an additional 27,294 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $133.32 on Friday. The business has a fifty day moving average price of $130.76 and a two-hundred day moving average price of $129.14. The stock has a market capitalization of $60.37 billion, a PE 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.